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Technology Stocks : AMERica on-Line, Another over valued company?

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To: Carmine Cammarosano who wrote (50)4/20/1996 10:29:00 PM
From: zhanyu kuang   of 222
 
When american on line has 5 M subscriber, computserve has 4.5 M subscriber. It's stock went public on friday, but only went up 10%. I think the stock price of AOL will go down a little, since right now compuserve (CSRV) is much cheaper than AOL. Compuserve also has started their service in internet only service at $17.50 a month wiht unlimited usage. If you consider the stocks shouls trade at subscriber's rate, compuserve is so undervalued when AOL is too overvalued. When AOL almost hit its high, netcom and uunet are still near their lows. I definetly think this is a risky period for AOL. Many investors may switch to compuserve for some short profit.
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