Small Internet providers survive among the giants
Article Abstract:
America Online, the undisputed largest Internet service provider in the U.S., may be losing market share to smaller services, despite the fact that it added 5.1 million new members last year alone, to increase its total to over 17 million subscribers. The market for Internet service providers, or I.S.P.'s, appears not to be consolidating around the major providers like America Online, Microsoft and the phone companies, but is becoming a wide open industry with opportunities for many small companies. Free Internet access, generally supported by advertising, has begun to take hold in Europe and is starting to crop up in the U.S. And computer makers are teaming up with I.S.P.'s to offer discounted plans. Boardwatch Magazine, a trade journal with a large circulation, reports that its directory of providers in the U.S., Canada and the Caribbean grew 36 percent between October 1998 and July of this year, from 4,800 to 6,511. It also reports that of the providers in its directory, 5,895 offer local access numbers in less than 25 area codes, whereas only 616 are available in more than 25.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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Dutch auction fails to enthuse Internet stock investors
Article Abstract:
Salon.com's initial public offering saw tepid response, closing at $10 a share, even though shares were offered before publicly trading, in a Dutch auction. Compared to financial explosions from public offerings of iVillage and TheStreet.com, Salon.com was happy to wind up with a market value of $107 million. This is the second Dutch auction from W.R. Hambrecht & Co.; the next offering will be GreatFood.com. Meanwhile, Salon.com's chief Michael J. O'Donnell noted the need for perspective; Internet media stocks have been down 27% since April 19, their filing date.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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Big stakes in on-line job listings
Article Abstract:
Forrester research reports job related advertising via Web sites specializing in recruiting will increase from $105 mil to $1.7 bil by 2003. That represents a change in print share from 1.3 to 19.8 percent. Newspaper companies intend to protect their traditional help wanted franchise. Eight are behind Career Path, which is nearly as popular as the leading Monster.com.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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