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: cody andre who wrote (243)	10/7/1996 9:41:00 AM
From: Joe Gleason	of 13594

AOL is going to TANK this week: CNBC had a interview with xxxxx. He's obviously short on the stock... But he clearly explained AOL's practive of painting themselfs into a corner... Postponing marketing expense... "They've extended the period to amortize the marketing expense, while at the same time admiting ISP's are shorting the customer life cycle" He said something like 70% (I am not sure of the#) of Stock holders equity was in capilized marketing expense! OUCH!@ Some head will roll- I predict our budy steve case resigns by march! On a bright note: Those who played options for Oct 30's are in the money - infact 10 day's ago oct 30's where going for $1.00 today they are selling over $2.00 I am trying to by a few thousand more @ 2.30 now! I predict the stock will low 20's be weeks end... After all it didn't do well last weeks exceptional rally! = this week will have a natural retreat! AOL is lower on the open! with lot's of sellers and few buyers! I am sure a token press release will be forth comming hyping the stock!

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