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Technology Stocks : America On-Line (AOL)
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To: zello who wrote (37042)1/11/2000 12:15:00 AM
From: jhg_in_kc  Read Replies (1) of 41369
 
<<I believe this merger is actually a wake up call. Once, digested, it will probably bring the valuations down on the entire Internet sector..>>I think i agree with you and the earlier poster who said Ted Turner and Time acquired AOL. When there is a clash between old money valuations and Internet money valutiions (AOL had the higher market cap but TWX had the higher cash flow)..this is a wake up call.
I think maybe Case navigated AOL at the very peak of its net worth into the hands of partners who can nourish it--before it had to reveal itself as a company with a very constrained future, ie, replacable. but now it is not replacable; it is part of A MAJOR MEDIA POWER. AOL needed this deal.
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