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

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To: George Bielski who wrote (8060)2/21/1998 9:03:00 AM
From: Brian K Crawford   of 13594
 
<<Yet another lawsuit coming against AOL. COMMENTS? >>

Yup, a few comments...

Not a new suit.
Lifting of stay in old suit arising out of access problems when AOL went to flat rate.
Potential to settle out of court is still there.
Case won't make it to a hearing until summer, at earliest.
No new issues.
Class action lawyers know where the bucks are.
They will pry some loose here in the settlement.
Consumers won't see more than pennies, each. Lawyers will see $$$.
No effect on AOL stock price or AOL business model.
Marty Zweig was on Wall Street Week last night and he reiterated that the trend is your friend.
I agree with Marty.

Brian
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