America On-Line: will it survive ...? Message Board

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

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To: Hawk who wrote (10179)	6/5/1998 8:12:00 AM
From: Mick Mørmøny	Read Replies (1) of 13594

Shares of AT&T and America Online jumped today on rumors that the long-distance giant will buy the online services provider. It's not the first time Wall Street traders have talked about such a deal. Speculation resurfaced again today because of the heated merger activity across the telecommunications sector, especially with the mergers of Tellabs (TLAB) and Ciena (CIEN) Wednesday, and DSC (DIGI) and Alcatel (ALA) today, says Art Hogan, a trader at Jeffries & Co. "Everyone is racing to be the one-stop shop in providing all kinds of services, from long distance and cellular to Internet access -- at the best price," Hogan says. "Ma Bell has never had to compete before, and now it's the stock of the '90s to watch," he says. ----------------------------------------------------------------- Anybody know why AOL popped all of the sudden. Up over 3 now. More bad press or possible SEC investigation ? H.

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