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

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To: Patsy Collins who wrote (1287)1/29/1997 3:34:00 PM
From: Option Player   of 13594
 
From Yahoo:

> America Online Inc agreed in principle to refund to frustrated
> customers up to two months worth of the costs of the
> online service, the Illinois Attorney General said Wednesday.

Hmmmmm.....so 2 months credit for 8 million users @ 19.95 a month.

That comes out to $319,200,000 in refunds.

That's quite a hit on the ol' bottom line.

I realize it'll be much lower than that since AOL lies about their membership base, and such a small percentage of those 8 mil actually pay anything.

-op
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