America On-Line: will it survive ...? Message Board

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

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To: DrGamble who wrote (1535)	2/7/1997 8:20:00 PM
From: Harry Larson	of 13594

>The $24m was credits & refunds in the previous quarter when they >switched to flat rate. The settlement with attorney general is not >disclosed yet and probably won't be taken into account until next >quarterly report. Not so. The $24m is estimate of overload related refunds. The 11/96 settlement was about handling of transition to flat rate. Only refunds there are to subs who by 3/31 decide to switch back to $9.95/5hrs+$2.95/hr, in which case the difference between what they would have spent and $19.95 is credited.

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