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: Mark The Trader who wrote (447)	10/30/1996 7:39:00 AM
From: Joe Gleason	of 13594

I have a new view on AOL: I held a MAJOR position on PUTTS! and SOLD! When I heard of AOL's plan yesterday I dumbed my position... The bibbest reason most of were convinced AOL would have major profit problems was because of the hudge debt... I decided long ago that if they wrote that off and chance procedures I would go long... I think the stock will ride up!... Simply because profitability will grow dramatically!... That cost of 150-200 per user is almost gone! Finally, AOL's user base and name make it good brand recognition.. I still think LONG term Ie.. 2 years out they've got major problems.. but mark my word this stock will see 50+ in the next 45 days! As WRONG as it may seem... what AOL did yesterday -- wall street likes... Amazzing isn't it... load up your books... to show some profit... go like crazzy collecting customers... then write it off!

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