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Technology Stocks : America On-Line: will it survive ...?
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To: steve lipson who wrote (168)9/25/1996 9:22:00 AM
From: Mike 2.0   of 13594
 
Hello. 2 comments: (1) I wouldn't write off CompuServe or even Prodigy yet. Once people realize there is no free lunch on the internet (i.e., must pay individual providers for value-added services; witness for example briefing.com moving to paid subscriptions) perhaps CS or P* is not so bad after all.
(2) Did anyone see recent Rolling Stone article on AOL? Basic point is people use AOL, wilfully shell out the $ per hour, to participate in AOL's cash cow, the chat rooms. And they aren't chatting about the weather! ;-) The "market share" for that type of on-line conversation is their business, no one elses, which I suppose justifies a higher multiple.

I don't own AOL now, nor is the pay-per-hour service anything I'm interested in. However, I recognize many people will always stick with AOL for the above-mentioned chat content not readily available elsewhere, and will continue to watch the stock, hoping to buy on weakness.

Mike
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