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

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To: Don Westermeyer who wrote (11982)11/22/1998 6:58:00 PM
From: Sabrejet  Read Replies (1) of 13594
 
With NSCP's declining growth, lack of earnings and market cap currently @$4 billion, is this a good move for AOL? Psychologically, the unknown becomes known and as we all know with high flyers, that means declining stock prices.

On the surface one might think this is a sound move on AOL's part but why sell NSCP at the current price??? Especially when it's a considerable distance from it's all-time high? Is the portal that unique and relevant to AOL's business model or are we seeing a change of thought at AOL. If so, YHOO has the edge. Look at Disneys aquisition of seek. I see this in the same light.

NSCP CEO is getting out while the gettin's good,IMHO.

zebra
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