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Technology Stocks : America On-Line: will it survive ...?
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To: Keith O'Neill who wrote (5023)10/10/1997 2:36:00 PM
From: Tim Kenney   of 13594
 
>When cable TV Internet providers take off will subs pay their cable
Internet provider *and* AOL when they no longer need to? AOL will be
reduced to a free access web site.<

I think your analysis above is right on, but this piece is probably a little overly bearish. AOL will probably be a premium channel on the web as some people, for whatever reasons, seem to find some content over there. They can charge a $4.95/month fee to all of those people, but they still not make money nor justify anything close to their present valuation.
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