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Founder of Dead Dot-Com Site Puts Internal Memos Online

For $45 per month, subscribers can view approximately 800 internal memos sent to the publisher of the Web site.

NEW YORK (AP) -- The publisher of a profane Web site that skewers troubled companies on Monday launched a new online service showcasing the correspondence of top executives and managers.

InternalMemos.com is the brainchild of Philip Kaplan, a wisecracking high-tech contractor who touched a nerve in May 2000 when he launched a sarcastic Web site ridiculing dead dot-coms.

The name of Kaplan's original site, which attracts as many as 4 million visitors per month, is a vulgar twist on the high-tech magazine Fast Company, which hailed the rise of dot-coms in the late 1990s.

Kaplan is taking a more straightforward approach with InternalMemos. The site contains about 800 internal memos sent to him during the past three years.

Free access will be provided to one or two memos each day. Kaplan intends to charge a $45 monthly subscription to view all the material on InternalMemos. Subscribers willing to pay $75 per month will get unlimited access to InternalMemos and Kaplan's popular Web site focusing on failed companies.

Monday's free sample on InternalMemos featured a note from KFSO Communications advising its employees not to destroy any internal records from January 1997 through July 1, 2002 at the request of Kinko's.

Kaplan eventually hopes to post thousands of memos dealing with everything from highly sensitive information to mundane material like the food menu in the corporate cafeteria.

"I'm more interested in quantity than quality," he said Monday.

Copyright 2002. Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.