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To: HG who wrote (46508)3/19/1999 2:05:00 PM
From: H James Morris  Respond to of 164684
 
>>Yes, they went up a bit today.<<
Happy, yes I know. I watch it every day. I love what Chambers is, doing with his company. Do you?
Ps
Chambers should hire the Bezos PR machine. Don't you think?



To: HG who wrote (46508)3/20/1999 10:48:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Why Surfing and Sipping Don't Mix

''SOMETHING NEW IS COMING,'' proclaims Cybersmith's Web site. Don't hold
your breath. The New York company's cybercafes offered pay-PCs, video games, and
fast Net access in a coffeehouse setting when Marshall Smith launched his chain in
1995. Up to 150 cybercafes were planned by mid-2000. But on Mar. 2, Cybersmith
filed for Chapter 11 protection. Three stores have closed, in Cambridge, Mass., White
Plains, N.Y., and Palo Alto, Calif., leaving one, in Indianapolis.

What happened? CEO James Kirk says Cybersmith couldn't get new funding in time.
He hopes to raise it within two months, but that may be tough. Says an ex-insider:
''Our concept wasn't a pure Internet play, but not traditional retailing, either.''

Some cybercafes, like New York's Internet Cafe, are going strong. But the concept's
viability is in doubt. ''The idea was sound--exposing people to new technologies,'' says
Stanford University communications Professor Clifford Nass. Yet we now have
inexpensive computers and widespread Net connections. People can easily surf from
home--where the java is cheaper.