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

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To: IKM who wrote (5966)11/14/1997 4:31:00 PM
From: jack rand   of 13594
 
That's the AOL Fool hoi-poloi chat wondering what AOL would do with
the $350 million.

Yes, not only did they just sell some XCIT, but Case also resigned
from the board. AOL EVP Legal said at the time it was because Case
increasingly found himself having to absent meetings and director's
duties because they involved XCIT stuff competitive to AOL.

YHOO -- too expensive for AOL. $2.5b market cap, and too much owned
by Softbank.

SEEK could be done.

But AOL's agreement with Excite is for the co-branded NetFind to
be exclusive AOL search engine until 03/99.
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