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To: Cush who wrote (4035)12/30/1998 5:07:00 PM
From: waldo  Respond to of 37507
 
Wednesday December 30 4:16 PM ET

America Online membership climbs to 15 million

DULLES, Va., (Reuters) - Internet services provider America Online Inc. (NYSE:AOL - news) - which had 1 million subscribers in 1994 - had 15 million clicking and browsing this Christmas, the company said on Wednesday.

About 1 million have joined since November 12, when it surpassed the 14 million mark, the company said.

Christmas day brought in more new customers than ever before in the Dulles, Va.-based company's history, it said.

In August 1994, AOL had more than 1 million members. In three years' time, 9 million members joined. The surge continued well into 1998, with 14 million subscribers using AOL as of November this year.

Wall Street attributes the subscriber growth to a surge in PC sales over the holiday season and the publicity surrounding the movie ''You've Got Mail,'' which according to one analyst is ''a billboard for AOL.''

Stock of America Online, which was recently added to the blue-chip Standard & Poor's 500 Index, was under pressure today after being on a roll amid the recent Internet stock frenzy on Wall Street. It last traded at $145.50, down $7.75, on the New York Stock Exchange.

dailynews.yahoo.com

W