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Technology Stocks : America On-Line: will it survive ...?
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To: Art Stone who wrote (6121)11/29/1997 2:42:00 PM
From: Investor-ex!   of 13594
 
Art,

I haven't followed the Tel-Save deal. $100 mill sounds like way too much $ to set up on-line billing. Maybe they were paid a large part of their expected cut of revenues up front, which would naturally be subject to refund.

Without seeing the paperwork, I'd guess no refunds. AOL will eventually perfunctorily provide the service, but I'd bet it works about as well as their e-mail, dial-up access, and security.
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