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Technology Stocks : America On-Line: will it survive ...?

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To: James F. Hopkins who wrote (1178)1/23/1997 8:00:00 PM
From: Sean McClellan   of 13594
 
I bought a put on AOL yesterday. I have been a member for 2 years and before the flat rate my average bill was $50 per month and I don't consider myself a heavy user. If my bill was average (I don't know what the average was) and then suddenly 6 million people are giving AOL half that amount, that is a huge hit, not one about to be made up by the extra million users that may or may not be getting online.
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