AMERica on-Line, Another over valued company? Message Board

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Technology Stocks : AMERica on-Line, Another over valued company?

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To: Scott Maxwell who wrote (152)	6/30/1996 9:48:00 PM
From: Zoltan!	of 222

You are right Scott. What a pipedream!!! AT&T was burned when it bought an online service, InterChange, from Ziff and has been trying to extricate themselves ever since. The very last thing any director of AT&T would do is sanction a purchase of AOL. AOL is vastly overvalued, something time will remedy. No director would buy such a rapidly depreciating asset, unless of course they wanted really BIG writeoffs. No sane entity would buy out AOL at anywhere remotely close to its present market capitalization. Any talk of a premium is a real hoot. It is clear though that the AOL bulls are starting to see reality and are looking for a way out. Regards

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