America Online and to Feature's Respected, Edgy Financial News and Commentary in AOL's Personal Finance Channel

April 20, 1998

Dulles, VA, and New York, NY, April 20, 1998 -- AOL's mission to bring its members top-quality financial content from the best brand name partners continues, as AOL Interactive Services, the Internet online services division of America Online, Inc. [NYSE: AOL], and, a leading subscription-based investment news site, today announced an agreement to feature's cutting-edge financial analysis and live events through an anchor tenancy in AOL's Personal Finance Channel, the number one personal finance destination in cyberspace. Under the agreement, will provide AOL's Personal Finance Channel with certain financial news and commentary otherwise accessible only through's premium Website. AOL members who wish to access the full range of's features and analysis will receive a 20% discount on subscriptions to's Website, normally $99.95 per year. To launch this new relationship, co-founder, hedge fund manager and consistent Street-beater Jim Cramer will conduct a live AOL chat on Monday, April 20th at 5:00 p.m. to discuss the current market atmosphere and his proven investing strategies. This chat will be accessible through AOL Live or Personal Finance Live (Keyword: Live). Certain features from's premium Website will be available in AOL's Active Trader and Investing Forums areas when they launch in several weeks, and also through Keyword: TheStreet.'s free offerings on AOL will include: Jim Cramer's popular Wrong! columns, market update stories throughout the day by Senior Financial Columnist Herb Greenberg and Editor-in-Chief Dave Kansas, as well as daily reporting on mutual funds and options. These features will appear in AOL's Personal Finance Channel shortly after they have already appeared on's site. Regular live chat events on AOL are also a key component of the relationship. In addition to Jim Cramer's live AOL chat on April 20th, Cramer and Herb Greenberg will each participate in a live AOL chat every month. A rotating roster of staff reporters and editors will also participate in regular weekly chats. These chats will eventually be conducted on a daily basis, giving AOL members the ability to get the latest insight on fast-moving market stories. The Investing Forums and Active Trader areas of AOL's Personal Finance Channel will feature prominent links to Website, where interested AOL members will receive a 20% discount on subscription fees. "With Jim Cramer at the helm, has earned a reputation as one of the most respected financial news and commentary sites in the online world and beyond," said Bob Pittman, President and COO of America Online, Inc. "With AOL members becoming more directly involved in their personal finances,'s insightful analysis and unabashed commentary on the financial world should be a valuable tool to help them with financial and investing decisions." "When I first dreamed up, I hoped that we would one day forge a relationship with the guys who introduced me to the online world, America Online," said Jim Cramer. "Now the dream has come true, and we won't waste a minute in establishing a significant resource for AOL's community of 12 million people, including the five-and-a-half million who regularly use AOL's Personal Finance Channel." " is a very broad avenue, encompassing the distinctive talents of many different experts on various segments of the investing enterprise, with over 30 reporters producing approximately 35 stories with investable ideas each day," said Martin Peretz, cofounder of and the chairman and editor-in-chief of The New Republic. AOL's Personal Finance Channel is one of the most popular and rapidly growing areas on the online service, and is the leading financial destination in cyberspace, according to Media Metrix. It provides 70 million stock quotes per trading day, maintains over six million active investment portfolios and generates over 13 million financial graphs per month for AOL users. An average of 650,000 users access the Quotes & Portfolios area each trading day - with that number growing by an average of 10,000 new users of the area each day. The Channel also offers access to financial information from popular sources such as Business Week, Intuit, Bloomberg, Standard & Poor's, Hoover's, Disclosure, Morningstar, Reuters, Investor's Business Daily, The Motley Fool and Sage. The Personal Finance Channel enables members to do their taxes, research and trade stocks and mutual funds, conduct their online banking, get the most up-to-date business and market news, access detailed financial data and chat with other members about market trends and financial information.

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