Yet another company has entered the educational market with the promise of free computer equipment in exchange for displaying banner ads to schoolchildren. Similar ad-based models from other education companies have failed more often than they have succeeded, but leaders of the current program contend they have the formula for success.

Internet Education Concepts, Inc., (IEC) an educational start-up in Point Breeze, Pa., offers schools what looks like a sweet deal: free "Discovery Stations," complete with a

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