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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (9297)	5/21/1999 12:02:00 AM
From: GERBER	Read Replies (2) \| Respond to of 52051

LUMM and EBID will be great tomorrow and next week IMO Cheers GERBER

To: Stock Watcher who wrote (9297)	5/21/1999 4:49:00 AM
From: Francois Goelo	Read Replies (2) \| Respond to of 52051

S.W, yeah, I took a position in it, just in case it pans out. FG

To: Stock Watcher who wrote (9297)	5/21/1999 9:00:00 AM
From: Bruce Bland	Read Replies (2) \| Respond to of 52051

SW, Been looking for a posting on ETVC (fear of toe treading). Like the management picture w/ Ted Turner's son and general management attitude. Just don't bet against anything with (any) Turner name on it. NEW YORK, May 18 (Reuters) - R.E. "Teddy" Turner, son of media mogul Ted Turner, is getting ready to deliver the Internet to the masses through a 21st-century version of Amway Corp. Turner is chairman of Compu-Dawn Inc. <ETVC.O>, which sees the roughly 60 percent of the U.S. population that doesn't own a personal computer as its target audience. "There is a huge digital divide in this country," Turner told Reuters. "There's the percentage of people that get it all, and then there are the people who are saying, www.what?" Compu-Dawn sells "e.TV" television set-top boxes offering a full package of Internet, TV, phone services and basic computing. Like Amway, the world's largest direct sales company, Turner wants customers to be his biggest salesmen. The plan pits Compu-Dawn against AT&T Corp <T.N>, whose recent acquisitions and partnerships in the cable industry have positioned it to be a dominant provider of such services. But Turner said AT&T will market to the high-income customer, while failing to reach the average American household. The cable and voice telephone businesses have peaked, Turner said, while "the big growth industry is the Internet." Like his father, the CNN news channel founder who agreed to donate $1 billion in Time-Warner Inc. <TWX.N> stock to the United Nations, the younger Turner has a humanitarian side. "All the world's problems come from ignorance. If everybody had access to all the information on the Internet, you could solve a lot of problems," he said. You could also make a buck or two reselling the company's boxes to your friends and neighbors. Compu-Dawn is recruiting "independent representatives" to make an initial investment of $495 to $795 to begin selling the service, Turner said. The basic product, which includes computing functions like word processing, sells for $379, a lot less than a typical personal computer. For $249 customers can have just Web access. After the initial charges, Internet access costs $19.95 a month. The Jacksonville, Fla.-based company has already recruited about 18,000 sales representatives in the United States and Canada, but only 4,000 set-top box customers, partially due to initial problems getting enough boxes to meet orders, Turner said. Compu-Dawn generated about $1.5 million in revenues in the first quarter, and showed a loss of $2.3 million from operations. The company expects to make it into the black this year, Turner said, but declined to provide more details. Compu-Dawn shares closed at $3.8125, unchanged, on Tuesday on the Nasdaq stock market.