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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (46005)3/16/1999 1:50:00 PM
From: alan  Read Replies (2) | Respond to of 164684
 
There are rumors that Amazon is guiding the street down on revenue outlook. Has anybody heard this? Thats why the stock is down.



To: Jan Crawley who wrote (46005)3/16/1999 2:23:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

I bought 100 amzn at 134 1/8. Now 100 long, 300 short. I see we're getting the 2:PM surge.



To: Jan Crawley who wrote (46005)3/17/1999 8:14:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
AOL<AOL.N>aims to more than triple Europe subscribers
HANOVER, March 17 (Reuters) - AOL Europe, owned by U.S.
online services giant America Online Inc, said on Wednesday it
plans to more than triple its subscribers by 2002.
The European subsidiary of the world's leading Internet
services provider warned however that despite liberalisation
high phone charges were a serious dampener on Internet use.
"The company's ultimate goal is to reach 10 million
households in 2002," AOL Europe's chief executive officer
Andreas Schmidt told a press conference held at the annual CeBIT
technology trade fair.
Currently, 2.6 million households have signed up to AOL
Europe.
AOL's market share in Europe was currently about 25 percent.
This should rise to over 30 percent by 2002.
Schmidt said he wanted AOL to lead Europe's emergence as an
Internet power but that this was being hampered by excessive
telephone costs.
"European telecommunications costs are approximately five
times higher than in the United States. By 2001, the U.S. will
have more than three times the Internet penetration rate of
Europe, 40 percent versus 13 percent, despite Europe's largest
overall population and economy," Schmidt said.
Schmidt urged politicians in Europe to lobby for the
Internet business, saying the development of a competitive
economy depended on this. He said AOL would be mail-shotting
members of Europe's national parliaments and the European
parliament to seek support.
"We will push for policies and a business environment that
will allow Europe to realise its potential as a competitive,
modern 'Net-centred' economy, Schmidt said.
Answering questions, Schmidt said the investment required by
AOL to meet its subscriber target would be massive, but he
declined to give figures.
Schmidt said AOL Europe aimed to win a significant share of
the projected $2.77 billion revenue from Internet advertising
expected by 2003.
AOL Europe was formed in 1995 as a joint venture with
Bertelsmann Ag <BTGGga.F>, Europe's largest media company.



To: Jan Crawley who wrote (46005)3/17/1999 8:22:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
U.S. FTC to announce approval of Intel deal-report
WASHINGTON, March 17 (Reuters) - The Federal Trade
Commission is set to announce approval of a surprise settlement
struck last week with Intel Corp.<INTC.O> just before a major
antitrust trial against the chip maker was set to begin, the
Washington Post reported on Wednesday.
The article, quoting unnamed sources, said details of the
pact will be made available on Wednesday.
The government had accused Intel of using its dominance in
making the chips at the heart of most personal computers to
bully its competitors and stifle innovation.
The Federal Trade Commission, which had brought the charges
last June, said on March 8 that the proposed agreement still
had to be voted on by its full four-member commission within
the next few days.
The agreement tracks much of the remedy the FTC had sought
in the case, persons with knowledge of the deal told Reuters
when it was first announced.
The FTC got Intel to stop withholding products or
intellectual property when it has a dispute with customers,
according to the sources.
Intel won exceptions to that remedy in special
circumstances. And it need not admit that it holds monopoly
power for the processors that run personal computers.
The FTC had charged that Intel withheld information,
prototypes and technical assistance when computer makers would
not surrender their intellectual property for free.
The suit was one of two high profile cases brought last year
by the government against the nation's leading high-technology
companies in the personal computing industry.
The Justice Department's case against software giant
Microsoft Corp <MSFT.O>. continues.