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

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To: Shoe who wrote (4645)9/1/1997 4:02:00 PM
From: Epics   of 13594
 
I totally agree. Being an APM, PAIR and MCOM is onther threads, I just was using AOL for the first time since it was AOL for DOS in their Geo Works attempt at emulating Windows. The service is 20 bucks falt rate but it is AWFUL. I mean flat rate is great, but why use AOL if

a) its very diffcult to get on
b) when you try TCP/IP it hangs every time

I feel when I log onto AOL it feels like a big Gif file. And I have a 28.8, i would cry if i had a 14.4K. AOL accounting also amuses me ,
the 400 million charge for in esscence sending out disks and attempting to write it off as a capital expense was funny. If they
had a databse of the 8 milion subscribers, that is the only positive of this company. If i remember correctly, when they tried to sell the names, they got hammered by the press.

IHMO, cash out of AOL, and buy 1.5 APM shares for every share of AOL.
And when APM is at 60 and AOL is at 38, you can laugh all the way to
the bank.

APM is scheudled to earn 5.00 a share next year.
AOL accounting will come up with some multi million dollar bs
writeoff to make the other three quarters look good.

Hope everyone enjoyed the weekend.

Epics.
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