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Technology Stocks : America On-Line: will it survive ...?
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To: Christopher Grace who wrote (7933)2/16/1998 11:16:00 AM
From: Steven B. Patton  Read Replies (1) of 13594
 
I'm am always amazed that AOL is even mentioned in the same sentence as the Internet. AOL is not really an internet stock, although its service does provide access to the Internet (arguably the worst route possible).

In fact, AOL's biggest competition is from the Internet. As people understand their options, they leave AOL to go directly to the Internet.

As for being the leading company in the sector--what market leader can be characterized at having the worst service, lowest customer satisfaction, and highest price?

Their user base is smoke and mirrors and is a result of marketing, not a superior product. If you're long, you'd better have stop orders in because when the house of cards drops, it's going to go fast.

BTW, I'm neither long nor short on AOL, just dumbfounded on the lunacy of this market...
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