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Technology Stocks : America On-Line: will it survive ...?
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To: Todd Daniels who wrote (4823)9/17/1997 3:34:00 PM
From: steve lipson   of 13594
 
But Todd, you were the one who convinced me that any economies of scale will have to come from SG&A or other places, because the last place AOL was going to find any meaningful EPS was through economies of operating the network -- at least as they had configured the business.

Am I misunderstanding the thrust of some of your previous posts?

In any case, keep up the good work, the analysis you have been contributing to this board is exceptionally high quality.
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