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

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To: MW who wrote (5261)10/26/1997 2:47:00 PM
From: craig  Read Replies (1) of 13594
 
MW,
i read your 4 points from the 12:22 post,and nowhere did you mention the fact that aol does not make money. i use worldnet and own at&t stock and i find it ridiculous that aol is valued more than a co. such as at&t. worldnet has approx. 1 mill subs and growing at double digits each month. not to mention the wireless internet they will soon unveil, do you and the other bears really think aol will keep on going higher with the likes of yahoo,netscape,msft,pointcast etc,etc? this stock will soon come down to earth. it must be 85% owned by institutions. i don't know of any other co. with such a high percentage of institutions owning it. this will be interesting when and if any of them decide its time to get out. best of luck to everyone.

-Craig
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