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Technology Stocks : America On-Line: will it survive ...?

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To: yard_man who wrote (3562)6/24/1997 4:55:00 PM
From: James F. Hopkins   of 13594
 
Hi Barry; this from rough notes I had, MAY & JUNE total insiders registered to sell shares =23, shares registered to sell 671,672,
lasted reg was week of 6-20 for 130,000..
shares sold so far 419,740 at avg 50.86, most done in April MAY,
if any have been sold in June the #4 forms not sent in yet.
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The Big news is CNET with it's new "Snap"
biz.yahoo.com
the coming results may not have sunk into the AOL bulls yet,
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I'm not saying CNET will do any better than AOL, but as they
make the push with "SNAP"..it will take a lot of market away
from AOL, also anther IPO just came out that's going to be
cutting away at her. With profit margins already negitive I don't
see how any of them will make it. But AOL has hyped her subsriber
base so much, that she as attracted the compitition in a big way.
With all her hype, she shoots herself in the foot. <G>
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It may take a bit, but "SNAP" will likly snap AOLs run.
the pie gets sliced thiner with each one that comes, and
they are coming at a rate with a capasity that far exceeds the
growth rate..of users. These gold rush things can only last
so long, in comes more compitition..down goes the price of gold,
it also gets harder to find, and more expensive to refine,
in as much as AOL has never shown a profit what do you think this
will do. ?
Is she big enough to get a Govenment bail out..that's the question?
are Tax payers going to wind up supporting AOL..( I hope Not )
Jim

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