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Technology Stocks : America On-Line: will it survive ...?
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To: Greg Ballinger who wrote (1118)1/20/1997 10:52:00 AM
From: Joel Sternberg   of 13594
 
>Yes Joel,

What type of move are you expecting? If it is to buy AOL, you're wasting my time. MSN can simply
wait until AOL fushes itself down the toilet. If MSN wanted to make a move like purchase another
provider, why not pick up one of the others like compuserve or prodigy?

All MSN needs to do to make it's internet provider service a
contender is allow the public to invest in it and only it. Wouldn't it make sense for MSN to buy CSRV
and allow us all to buy CSRV at 10 with the chance of being 100? All of the AOL bulls out there would
like a chance to dump AOL stock, in the light of pending law suites, to invest in another ISP with the
promise of MSN. Fact is, no other ISP's are available for public trade with the promise and controversy
of AOL. AOL has proven that even bad news can be good news to stocks. I pity all who are long on this
stock without diversification.

good trading

Greg<

Greg, don't confuse me with an AOL bull. I was indeed suggesting that MSFT buy some of the OTHER ISP's. AOL would only become a buy-out candidate if it sold for $250 per subscriber, but that means that the stock price would have to come down to about $23. Compuserve and Netcome, as examples, already trade at $250 per subscriber. I would think that these Mom and Pop facilities would salivate over being bought out at such prices. Don't you?
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