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

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To: jack rand who wrote (1900)2/25/1997 8:41:00 PM
From: Todd Daniels   of 13594
 
Actually, the $100m is a LOAN.

As Bloomberg reports, AOL pays back the $100m by
at least $4.3m per quarter over next 10 quarters and
$57m balance by end. Commisions from sale of Tel-Save
(gimme a break) offset those repayments.

Amazing. AOL will try to sell a third-rate long distance
service to subscribers who are having problems dialing into
AOL.

And re. Tel-Sav, so much for `best of breed'.

Can't wait to see subs reaction as more and more `buy me' screens
hit 'em on log-in; and start to get junk mail `put these stickers
on your phone' from AOL.
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