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Technology Stocks : America On-Line: will it survive ...?
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To: steve lipson who wrote (3521)6/20/1997 5:12:00 PM
From: Todd Daniels   of 13594
 
>my view is more tilted to the fundamental side of the equation

Usually, "fundamentals" refers to financials, not rumors and
stories. But you are right in that the latter have been the
fundamentals of AOL.

>As for bad news that could drive the stock down... what on earth do
>you expect to hear in the next 12 months to top all the things
>we've seen in the previous year.

Well, AOL has amazing track record of inviting disasters. Before
the overload mess it was overcharging and what Attorneys General
and the FTC termed deceptive practices. Before that it was selling subscriber lists without subs knowledge or consent. etc. etc,

And recall that what sparked the huge 1996 fall that started in
May was prospect of a good old fundamental of slowing sub growth.

Betcha I could come up with longer and more plausible list of what could make AOL tank from here than you can of what would make it go up.
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