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

To: Andy who wrote (4768)	2/9/1999 9:09:00 PM
From: Jenne	Respond to of 41369

Its not technical.. but I think the bottom could be at the next tier down.. hovering around 138 .. BUT..then kick back for the ride up!

To: Andy who wrote (4768)	2/9/1999 11:22:00 PM
From: Diamond Jim	Respond to of 41369

News February 9, 17:16 Eastern Time AOL Surpasses 16 Million Members DULLES, VA. (Feb. 9) BUSINESS WIRE -Feb. 9, 1999--America Online, Inc. (NYSE: AOL) today announced that worldwide membership of its AOL service has exceeded 16 million. The Company said AOL's growth from 15 million to16 million net new members was the fastest addition of one million subscribers in its history. The AOL service exceeded 15 million members worldwide on December 30, 1998. Bob Pittman, America Online's President and Chief Operating Officer, said: "We are extremely pleased that our AOL membership continues to grow at a record pace. Consumers increasingly are finding our complete, easy-to-use package of connectivity, community, content, context and commerce is the best way to go online. This industry-leading convenience together with the power of the #1 brand in cyberspace, we are able to capitalize on the strong momentum in PC sales." Mr. Pittman added: "This record pace of growth underscores the strong momentum behind AOL and all of our other interactive brands. All of us here at AOL are committed to continuing to enhance our service and making it even more integral to people's lives." Helping to fuel AOL's record membership growth was strong demand from consumers for increasingly more affordable personal computers in the U.S. and around the world. PC shipments rose to more than 27 million units worldwide in the last quarter of 1998, up 15% over the 1997 fourth quarter, according to market research from International Data Corp (IDC). Shipments of PC's climbed by approximately 20% both in the U.S. and Europe during the 1998 fourth quarter compared to 1997's corresponding quarter. In addition, market research firm Dataquest reported that half of all U.S. housholds now have a PC and, indicating how much interest in cyberspace is driving PC sales, 37% of the U.S. market has an Internet connection. About America Online America Online, Inc., based in Dulles, Virginia, is the world's leader in branded interactive services and content. America Online, Inc. operates two worldwide Internet services: America Online, with more than 16 million members; and CompuServe, with approximately 2 million members. America Online, Inc. also operates AOL Studios, the world's leading creator of original interactive content. Other branded Internet services operated by America Online, Inc. include AOL.COM, the world's most accessed Web site from home; Digital City, Inc., the No. 1 local content network and community guide on AOL and the Internet; AOL NetFind, AOL's comprehensive guide to the Internet; AOL Instant Messenger, an instant messaging tool available on both AOL and the Internet; and ICQ, an instant communications and chat technology on the Internet. --------------------------------------------------------------------------------