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Technology Stocks : America On-Line: will it survive ...?
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To: Johnathan R. Bowden who wrote (2579)3/27/1997 12:09:00 AM
From: James F. Hopkins   of 13594
 
RE> Churn is down and membership-spans are increasing.
Also, have you noticed better access yet?
-----------------------------------------------
They are fighting to keep the chrun numbers from going puplic.
The better access is because of people leaving the service,
in mass numbers..
They can not make 16 dollars off a subcriber..margins are too
small.., their cost of getting subcribers has out run their
income..book value is now negitive..( less than zero ),
and they have about a dozen or so law sutes to pay for.
Their liblities could be half their market cap..
She is just a dead man waiking. By the time she gets her
modems in ( if she does ) the rest of the internet will be
on high speed xDLS. <G>
Jim
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