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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith O'Neill who wrote (4820)	9/17/1997 11:26:00 PM
From: Andre Lukas	of 13594

AOL sold ANS for the cash that they need, not because they wanted to. When a troubled company needs cash they sell what they can. They would have sold money losing assets except they wouldn't get much. That is why AOL sold the corporate jewels. It's amazing to me how the investing public saw this as a positive last week. To me it's a sign of starvation which is why I went short. AOL must have talented spin doctors working for them. All I can say is thanks! Keith, there is no question that AOL is in dire need of cash. Look at their financial statement, and you can see that the working capital is at a huge deficit. They also sold their 2 buildings in Tyson corner in June 1997: exchange2000.com To All: Should you find AOL 10K, do not forget to see the report of the sale of that building which should appear in the section of the disposal of properties. AOL stock is slowly deteriorate. Better this way than sudden drop which could trigger a bounce. Have not seen analysts positive reiteration of the stock. Maybe Barron's article made them to start suspecting that something smells. Good Luck to both Longs and Shorts Andre

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next