America On-Line: will it survive ...? Message Board

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

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To: chenys who wrote (2370)	3/11/1997 7:17:00 PM
From: WryBoy	of 13594

Another lawsuit against AOL, reported after the bell!! I just saw on CNN's Moneyline that AOL is being sued by a (New Mexico?) firm (Ezra, something or other), regarding AOL's misreporting of S&P Comstock data. Apparently, AOL displayed stock quotes for some particular company (I don't recall the name) at one-tenth its real price, e.g. $1 vs $10. The bogus quotes threw AOL customers who depend on those quotes into a selling panic in that stock. Lots of people lost money. The news was reported after the bell today (Tues 3/11). Sorry for the lack of specifics on the story. We're goin' South ! Phil

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