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Technology Stocks : America On-Line (AOL)
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To: Mike Torrence who wrote (20614)6/6/1999 8:57:00 PM
From: David E. Taylor  Read Replies (1) of 41369
 
William:

I agree with you 100% on the prospects for an AT&T/AOL deal. Now I've read some of the court filings in the Portland case, I'm convinced AT&T hasn't much of a chance on appeal, despite the public posturing.

AT&T would be smart to see the writing on the wall, and cut a deal now with AOL. It would bring AT&T almost instant and rapidly growing cash flow to finance its large pile of new debt.

David T.
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