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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 59.21-0.4%3:40 PM EST

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To: bob zagorin who wrote (1977)2/10/1998 10:58:00 AM
From: Ken Turetzky   of 5650
 
>as long time aol subscriber, i would gladly pay the $2 extra if they can take care of their business. almost every time I'm on the network locks up somewhere. it might be their software but their tech support is negligible.<

Bob, AOL is raising its prices because the market will allow it. The part about raising money to expand our infrastructure and better serve the customer is standard corporate boilerplate claptrap.

Just as AOL can raise prices because the company knows its customers demand the product (and because AOL has effectively knocked out/acquired the competition), so will PSIX be able to raise prices when it's got a product that customers want and feel they must have. And that would be great for PSIX shareholders.
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