CUSIP No. 74137R 10 1 13G Page 1 of 5 Pages
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
________________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No.___________)1
Preview Travel, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
74137R 10 1
(CUSIP Number)
_______________
The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 74137R 10 1 13G Page 2 of 5 Pages
NAMES OF REPORTING PERSONS America Online, Inc.
1.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
54-1322110
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
2. (b)
SEC USE ONLY
3.
CITIZENSHIP OR PLACE OF ORGANIZATION
4. Delaware
SOLE VOTING POWER
NUMBER OF 5. 1,001,312
SHARES
BENEFICIALLY SHARED VOTING POWER
6. -0-
OWNED BY
EACH SOLE DISPOSITIVE POWER
7. 1,001,312
REPORTING
PERSON SHARED DISPOSITIVE POWER
8. -0-
WITH
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
9. PERSON 1,001,312
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10. CERTAIN SHARES*
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11. 8.59%
TYPE OF REPORTING PERSON*
12. CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 74137R 10 1 13G Page 3 of 5 Pages
Item 1(a). Name of Issuer:
Preview Travel, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
747 Front Street
San Francisco, California 94111
Item 2(a). Name of Person Filing:
America Online, Inc.
Item 2(b). Address of Principal Business Office or, if None, Residence:
22000 AOL Way
Dulles, Virginia 20166
Item 2(c). Citizenship:
America Online, Inc. was organized and exists under the laws of
the State of Delaware
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e). CUSIP Number:
74137R 10 1
Item 3. If this statement if filed pursuant to Rules 13d-1(b),or 13d-
2(b), check whether the person filing is a:
N/A
CUSIP No. 74137R 10 1 13G Page 4 of 5 Pages
Item 4. Ownership.
If the percent of the class owned, as of December 31 of the year covered by
the statement, or as of the last day of any month described in Rule 13d- I (b)
(2), if applicable, exceeds five percent, provide the following information as
of that date and identify those shares which there is a right to acquire.
(a) Amount beneficially owned: 1,001,312
(b) Percent of class: 8.59%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 1,001,312
(ii) Shared power to vote or to direct the vote 0
(iii) Sole power to dispose or to direct the disposition of 1,001,312
(iv) Shared power to dispose or to direct the disposition of 0
Instruction. For computations regarding securities which represent a
right to acquire an underlying security, see Rule 13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
Instruction. Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
No other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
N/A
CUSIP No. 74137R 10 1 13G Page 5 of 5 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 30, 1998
(Date)
/s/Lennert J. Leader
(Signature)
Senior Vice President, Chief Financial
Officer, Treasurer, Chief Accounting
Officer and Assistant Secretary
(Name/Title)
