America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (30719)	9/15/1999 3:09:00 PM
From: john defreitas	Read Replies (1) of 41369

Vendit and all, any opinion on T and their announcement this morning of lay offs, cost reductions, getting killed on long distance price cuts and low and behold the price is now down $20 from its high. lets see who needs who the quickest for an open access deal to take place. i read it as very positive for AOL and puts them in a much better bargaining position with T. if T's earnings come in low and the stock keep dropping they will be knocking at AOL's door to put together a deal. T has gone out a limb and leveraged themselves with the combo of UMG and TCI. not much room for disappointment for them here. this wait and see attitude that AOL has taken could end up as a very smart move.

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