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Technology Stocks : America On-Line: will it survive ...?
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To: cody andre who wrote (486)10/31/1996 5:04:00 PM
From: William T. Katz   of 13594
 
AOL's brief flight up stalled today ... perhaps the shorts realized they need not cover? This is the second day in a row that Wall Street Journal has had a scathing article on AOL, primarily pointing out that with the $385 million charge this quarter, AOL has never earned a profit and has no proven cash flow unlike the cable companies it is trying to pretend it is. Tommorrow should be interesting. Are we at the top of a big slide which will take us to their earning report release?

-Bill
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