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Technology Stocks : America On-Line: will it survive ...?
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To: Ramsey Su who wrote (1888)2/25/1997 12:21:00 PM
From: Joel Sternberg   of 13594
 
>I have looked and asked many times, still don't know where the $350 million is coming from.<

I think don't think they really intend to spend $350 million. For example, they are choosing to lease many of the new modems. They will probably count that as upgrading the system by the cost of the modems, while only paying the leasing fees. They just have no other way to finnagle this.
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