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Technology Stocks : America On-Line: will it survive ...?
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To: Brent D. Beal who wrote (5638)11/7/1997 11:49:00 AM
From: Sam  Read Replies (1) of 13594
 
LOL...I wonder what the allowances were for the raw sewage?! We were thinking about doing it for all the bathroom products too! Anyway, obviously Brent your gonna believe what you want to believe - regardless of what anyone except the SEC or E&Y say. Of course, if E&Y says all the ducks are in a row, your gonna probably start a investigation on them too!

I have no idea where these damaging revelations on subscriber growth are going to come from. So what if AOL asks for you to sign up another month. It doesn't mean anything except that AOL is aggresive in keeping its subscribers. Hell, BMG bombards me with phone calls, mail solicitations every month to re-subscribe! Usually, any business that has a "membership" will do this. Subscribe to some magazines and you'll know what I mean.

Advertisers seem generally happy - in fact, I don't remember reading anywhere where they were flocking to the exits. All the bears seemed to miss my last post about the multi-million dollar deal with JAX they announced yesterday. Of course, the bears will make every excuse that JAX is about to go bankrupt, will be unable to pay, etc.

As for management selling shares, it is a normal occurance. I guess when Bill Gates and the rest of his crew file to sell thousands of shares it means MSFT is crumbling - whatever.

S.
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