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Technology Stocks : AT&T
T 25.45-0.6%3:59 PM EST

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To: Jeff Hayden who wrote (2708)7/26/1999 12:36:00 PM
From: Mark Palmberg  Read Replies (1) of 4298
 
Interesting, Jeff. Do you read TheStreet.com? Check out this excerpt from a story today about AOL's latest screwup with their instant messenger:

This kind of nonsense by AOL isn't fatal by any stretch of the imagination. It's not like announcing a bad quarter after you've pumped the analysts, or like Steve Case announcing he's come to believe most technology inventions were brought to us by little men from space. It won't send the stock into a 25-point tailspin.

But it is a stupid thing to do, something that screams to the world that in spite of its 18 million-plus AOL members, the 46% jump in its most recent quarter's revenue, the billion-dollar year just concluded ... America Online STILL DOESN'T GET IT about the Web.


With so many ISP's out there, paying AOL for the hassle of having to wade through their crappy software just to get on the Web seems like a very, very foolish thing to do.

Mark
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