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

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To: James F. Hopkins who wrote (3570)6/24/1997 7:06:00 PM
From: steve lipson   of 13594
 
>The writing on the WALL..is named "SNAP"...CNET is moving in some big
guns

No doubt, then, you snapped up those CNET shares that other investors were dumping yesterday in response to this news. <G>

Although you seem to like their model (and to think we're usually pretty tough here on story stocks that lack a track record of generating profitable growth) it's interesting that CNET could dive 14 percent on the news, which was no secret.

www.wired.com/news/news/business/story/3310.html

I think it sounds like a good model, just the type of thing that can help move household online/Internet access from being a niche product to a near universal service. I'll be happy to continue taking my chances with AOL in that type of growth environment.
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