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: Brian K Crawford who wrote (4974)	10/9/1997 9:50:00 AM
From: Kenneth Tse	of 13594

Starting? Brian it's been a momentum play since May. The would hold at this point or not initiate any new positions. Overall I'm a real bear on this company 8.5B in Market cap, no virtually no profits and singing on a unproven business model using 2nd tier companies to prop up their revenue. Incidently, yesterday's move was supposedly prompted on the Travel Preview deal. AOL owns 15% of this company and Kimsey also owns a fair piece himself. Travel Preview annouced their IPO on Oct 6 with the Aol deal noted. However, when I spoke to Wendy Goldberg with Media Relations yesterday she firm said this was the first announcement of the contract. I guess they really don't know what's going on with their own company. Another thought is with the institutional ownership up to 75-80% I guess these fund managers are in the as well, only getting information from DJ. Anyways as you can tell I am a bear but I do have to give the marketing & PR people credit they have done a great job.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next