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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (4597)	2/8/1999 2:15:00 PM
From: Roy F	Read Replies (1) \| Respond to of 41369

Just in Time for Valentine's Day & Due to PopularDemand AOL Launches Love@AOL Photo Personals on World Wide Web February 8, 1999 02:09 PM VIENNA, Va.--(BUSINESS WIRE)--Feb. 8, 1999-- Online Romance Takes Off; Love@AOL Sees Record Growth in 4th Quarter More Than 150,000 Personals Online, Largest Collection of Photo Personals in Cyberspace Available Free on AOL & AOL.COM How to Place & Search Online Personals -- It Works! Just in time for Valentine's Day and thanks to popular demand, Love@AOL, America Online's exclusive romance area, announced today it will make its Photo Personals collection available to all of cyberspace via AOL.com, AOL's Website and the most popular consumer site in cyberspace. The launch of the Love@AOL Personals on the Web strengthens Love@AOL's position as the LEADER in online romance content and positions it for continued growth as it prepares to unite more couples around the world than ever before. Until now, only AOL members were able to search, browse and post in the Love@AOL Photo Personals database, the largest collection in cyberspace with more than 150,000 profiles and with 1,000 more being added every day. Now, Love@AOL personals will be accessible to everyone in cyberspace meeting the unprecedented public demand for online romance. "Love online is truly a phenomenon. It makes real sense that today the real singles scene can be found in cyberspace -- it's free, easy, convenient and most importantly it works!" said Bill Schreiner, Executive Director of Love@AOL. "It used to be that your friends decided who they thought you would like and set you up. Now, YOU decide." "Now, after the success of the movie "You've Got Mail" with Tom Hanks and Meg Ryan, and with Valentine's Day approaching, looking for love online is more popular than ever," Schreiner added. "It turns out what happens in the movies happens online every day -- there are success stories across the country and the numbers are staggering." Record Growth Love@AOL has fast become the single most popular original content site on America Online continuing to break usage and site activity records in every category. This quarter alone, the number of personals on Love@AOL grew more than 75% this quarter from 81,400 to a record breaking 150,000. The number of unique visitors to Love@AOL increased 102% this quarter to a total of more than 1.7 million unique visitors in the month of December. Online Kisses & Hugs Love@AOL is bringing people together every day through personal ads, chat rooms and unique products found only on AOL like the InstaKiss , InstaHug and InstaRose. AOL expects more than 2.5 million online kisses, one million cyber hugs and one million virtual roses will be sent surrounding Valentine's Day. These unique products are available at Keywords: InstaKiss, InstaHug and InstaRose. The comfortable and relaxed environment of Love@AOL, its fun and unique content and programming plus the interactive nature of the online medium makes Love@AOL the ideal meeting place in cyberspace. "Real Life" Couples Who Met & Fell in Love Online Love@AOL staffers receive hundreds of emails each week from satisfied members who have made friends, found a soul mate, found romance or just had fun using Love@AOL. Love@AOL estimates that more than 6000 marriages have taken place between people who have met online not counting the tens of thousands of romances and friendships that have blossomed as a result of people meeting in Love@AOL. <snip>

To: Dr. David Gleitman who wrote (4597)	2/8/1999 2:21:00 PM
From: William F. Wager, Jr.	Read Replies (1) \| Respond to of 41369

Weakness hits all net stocks according to Dow Jones article below... America Online Inc. Dow Jones Newswires -- February 8, 1999 Internet Stocks Down With Broader Market Monday NEW YORK (Dow Jones)--Many of the high-flying Internet stocks are down with the broader market Monday, although there were no signs of the type of massive correction that many fear will hit the sector sooner or later. Web stocks have run up sharply in recent months on investor enthusiasm over the commercial potential of the Internet. While that has led some on Wall Street to compare ballooning Web stock valuations to a bubble that is on the verge of popping, other insist that at least some Internet names will grow into their valuations. "The wealth creation in this business will be greater than anyone has ever seen before, although only a few companies are likely to really excel," Morgan Stanley Dean Witter analyst Mary Meeker wrote in a research note Monday. Still, Meeker added that a 25% correction in the group would be "healthy." According to Jefferies & Co. analyst Bruce Smith, many Web companies could face seasonal slowdowns in the first quarter after the holidays drove robust sales on the Web in the fourth quarter. "Seasonality will start being an issue for a lot of these stocks in the first quarter," Smith said. "We've gone through the euphoria of the fourth quarter and now we're back to reality." He added that he has heard that after paying for high-priced placements on the big Web networks, some electronic retailers are "not satisified with what they're getting for their money." While the networks may be delivering enough traffic to the online merchants, that traffic is not producing enough sales for them, Smith explained. "A lot of real estate was overpaid for," he said, adding that some of these deals could therefore be renegotiated. In active trading Monday, America Online Inc. (AOL) was down 4 9/16, or 2.8%, at 159 7/16. Yahoo! Inc. (YHOO) was down 11 3/8, or 6.6%, at 161 3/8. Excite Inc. (XCIT) was down 2 9/16, or 2.6%, at 95 3/4. Lycos Inc. (LCOS) was down 6 1/16, or 4.4%, at 130 15/16. Infoseek Corp. (SEEK) was down 4 1/4, or 6.1%, at 65 3/8. And Amazon.com Inc. (AMZN) was down 6, or 5.2%, at 109 7/8.