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

To: Sophia Ashley who wrote (6931)	3/17/1999 11:42:00 PM
From: Sonki	Read Replies (1) \| Respond to of 41369

AOL Europe,said 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 liberalization high phone charges were a serious dampener on Internet use. "The company's ultimate goal is to reach 10 mln households in 2002," AOL Europe's CEO Andreas Schmidt told a press conference held at the annual CeBIT technology trade fair. Currently, 2.6 mln households have signed up to AOL Europe. AOL's market share in Europe was currently about 25%. This should rise to over 30% 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. yes. just one drink, that's all it took... * AMERICA ONLINE INC said it had completed the acquisition of NETSCAPE COMMUNICATIONS CORP following a vote earlier in the day by Netscape shareholders in favor of the deal. The merger creates an Internet powerhouse, combining AOL's vast audience reach, programming and network strength with Netscape's browser and electronic commerce software and its Netcenter Web gateway (http://home.netscape.com)). Under the pooling-of-interests transaction, Netscape stockholders will receive 0.9 share of AOL common stock for each share of Netscape common.