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

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To: John Arslanian who wrote (152)9/21/1996 12:43:00 AM
From: Johnathan R. Bowden   of 13594
 
I just shorted AOL myself, concurring with most everyone else that the rally was induced by positive general economic news and the hype of going to the NYSE.

Check this out from WSJ 9/20/96:
PSINet will join forces with an investment group
affiliated with financier George Soros to build a $100
million Internet network in Europe. The venture is
scheduled to begin offering limited services in mid-1997.

All the providers need capital to expand, and note that it's going to the ISP's.....

Regards, John
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