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To: Cynic 2005 who wrote (39944)	5/10/1999 12:51:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 86076

glad you called, Mohan....SI is rather boring today... Interesting tidbit on AOL.... AOL Europe slashes prices By Bloomberg News Special to CNET News.com May 10, 1999, 9:25 a.m. PT LONDON--AOL Europe will cut its flat-fee charge by more than 40 percent in the United Kingdom, the first step in a broader new pricing and portal strategy it plans to start this autumn, as it takes on popular providers of free Internet access. AOL Europe, a venture between America Online and Germany's Bertelsmann, said AOL U.K. will cut its fee to 9.99 pounds ($16.25) a month, from 16.95 pounds ($27.63), from June 1. The move comes as AOL tries to counter the success of free Internet service providers in the United Kingdom. It took only three months for a free Internet access service by Dixons Group, Britain's largest electronics and appliances retailer, to steal the No. 1 title from AOL. Freeserve has gained 1.3 million users, twice the number of AOL users, in just seven months of running. "We want to turn the meter off so that people stay online longer," said Andreas Schmidt, AOL Europe's CEO, in an interview. However, AOL would not go as far as providing free Internet access. "Free is not a sustainable business model," Schmidt said. _____________________________________________________________________ CNTO is a bit weak now while we're in waiting mode, eh? Mon May 10 CNTO Centocor coverage initiated by Dain Rauscher - Briefing.com