To: Glenn D. Rudolph who wrote (26250 ) 11/16/1998 7:05:00 PM From: llamaphlegm Respond to of 164684
Zax: I join in having been chucked off TMF's board. ostensibly for copyrighted postings ...(though Jeannie and others on TMF do it all the time) and coincidentally in the midst of receiving a nasty series of e mails from dale (really an insecure and petty man, david gardner may be wrong, but he's decent) ... ah well, i'd actually decided on the way tonite that i'd only post article links type stuff, this way they can continue to live in their own world of no competition etc. -- to that end ... Monday November 16, 4:11 pm Eastern Time Lycos, Bertelsmann ink $10 mln book selling deal NEW YORK, Nov 16 (Reuters) - U.S. Internet media company Lycos Inc. (Nasdaq:LCOS - news) on Monday said it has entered into a $10 million European online book retail deal with German media giant Bertelsmann AG (quote from Yahoo! UK & Ireland: BTGGg.F). Waltham, Mass.-based Lycos, which offers a free World Wide Web navigation service that gets nearly 6 million page views or ''hits'' per day, said the three-year agreement will provide Lycos users with access to Bertelsmann's BOL.com online book retail service and its country-specific sites. Lycos (www.lycos.com) shares were trading at 58-3/4 in late-afternoon trade, up 7-5/8 on the Nasdaq exchange. The deal makes BOL, with its five country sites, the exclusive bookseller on Lycos' nine European country services. The partnership will provide ''Book Web Guides'' in five languages, giving information on books sold by Bertelsmann, the world's largest bookseller. Bertelsmann recently paid $200 million to buy a 50 percent stake in the online venture of no.1 U.S. bookseller Barnes & Noble Inc. (NYSE:BKS - news). Separately, Lycos said it had agreed with Norway's Fast Search & Transfer ASA, a file transfer technology company, to create a joint site featuring Fast Search's vast database on file transfer and compression methods. The site (http://ftpsearch.lycos.com) would provide Lycos users with information on how to speed up the downloading of images and files from the Internet onto their PCs. It will be available across the Lycos service. Monday November 16 4:23 PM ET Kmart starts Internet music sales TROY, Mich. (Reuters) - Kmart Corp., the third-largest U.S. retailer, Monday said it started selling pre-recorded music through a new Internet site, joining an already crowded business that remains a hit on Wall Street. The company launched a Web site called www.musicfavorites.com, which offers more than 100,000 compact disc and cassette titles in eight categories, including alternative music, jazz, rock and classical. The site was developed jointly with music distributor Handleman Co. (NYSE:HDL - news) ''Kmart's new music Web site builds on our goal to provide online shopping destinations that offer value and respond to the interests of the online shopper at Kmart.com,'' Marisha Geraghty, Kmart divisional vice president of Internet commerce, said in a statement. Kmart, which operates 2,160 stores, is joining a field that has become packed with retailers offering music over the Internet. Even so, online retailing stocks remain hot on Wall Street amid expectations that consumers will rush to buy goods over the Internet in the coming holiday season. Online music retailers such as CDnow Inc. (Nasdaq:CDNW - news), N2K Inc. (Nasdaq:NTKI - news), Navarre Corp. (Nasdaq:NAVR - news), and K-tel International Inc. have all been part of the recent rally. Online bookseller Amazon.com Inc. and Barnes & Noble Inc. (NYSE:BKS - news)'s Web site also offer music over the Internet. Kmart's music Web site adds to the retailer's other specialty sites, which include one for health and fitness products and one for household products for new homeowners. The new site can be accessed through the retailer's main Web address, www.kmart.com. (Reuters/Wired) It will be interesting to see how profitable amzn's referal service is and how yhoo, msn et al take to it...