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Technology Stocks : America On-Line: will it survive ...?
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To: Sam who wrote (5632)11/7/1997 10:24:00 AM
From: Tim Kenney   of 13594
 
>AOL added 821,000 members worldwide during the quarter to reach more than 9.4 million on Septem<

But, Sam, AOL's sub numbers are as credible as their old accounting numbers. Howevever, you are correct that Wall Street will still be behind them as long as they smell juicy underwriting fees. What you have to worry about is the momo investors. Quite frankly, I have no guess what they will do. As far as the retail herd, they will eventually catch on, but it is probably premature to assume that they have figured out age old Wall Street games.
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