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Technology Stocks : America On-Line: will it survive ...?
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To: Rick Storm who wrote (569)11/10/1996 3:43:00 PM
From: Kenneth Lu   of 13594
 
Hey Rick:

The big writeoff from assets to expenses is because AOL's aggressive accounting policy was being flamed by the Wall Street. To explain why it has been ignored until recently, I believe it's due to the negative cash flow the AOL reported in the past couple quarters.

I don't know if the slowness is caused by the new beta version, I will ask around if I get a chance.

Regards,
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