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To: Bill Harmond who wrote (41658)2/21/1999 8:08:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
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@Home sees '99 revenue of $400 million
By Bloomberg News
Special to CNET News.com
February 21, 1999, 4:25 p.m. PT
BOSTON--@Home will have $400 million in revenue this year and $2 billion by 2002 as it gains more subscribers, according to a senior executive of the high-speed cable Internet service.
The company, which had 310,000 subscribers at the end of December, will be able to sell the service to 60 million homes by 2001 as it builds out its infrastructure, said Charles Moldow, vice president of sales and marketing for @Home. He spoke at Harvard Business School's "Cyberposium" technology conference in Boston.
@Home, which uses

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February 21, 1999, 4:30 p.m. PT
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existing cable TV lines to link personal computers in homes and businesses to the Internet at high speeds, had 1998 revenue of $48 million. The company agreed last month to buy No. 2 Internet search directory Excite, which had $154.1 million in revenue last year. That purchase doesn't mean @Home won't continue to strike partnerships with Excite competitors, Moldow said.
"Even with the Excite acquisitions, we're still talking with Yahoo, Microsoft, and America Online about working together," he said. He didn't elaborate on what type of partnerships.
@Home's "churn" rate, or the percentage of subscribers who cancel their service, is less than 3.5 percent, Moldow said.
"Unavoided churn--people who die or move--is 4.5 percent," he said. "So it means [customers] aren't moving and aren't dying."
Copyright 1999, Bloomberg L.P. All Rights Reserved.

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To: Bill Harmond who wrote (41658)2/21/1999 8:20:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 164684
 
<We all know thet KIS is really OtherChap!>

That is what I had figured also, but that's all the more reason not to waste ones time on him or her!

Hank