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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: purecntry5 who wrote (2281)10/31/1997 4:37:00 PM
From: Bill Harmond  Read Replies (2) of 27307
 
No comparison. The correction in AOL was caused by their business-model overhaul from a proprietary service to flat pricing and advertising, caused by competition from the open Internet, and the ensuing problem of inadequate network capacity which increased costs, alienated users, and slowed subscriber growth.

AOL subsequently wised up and sold off their network to WorldCom as part of the Compuserve acquisition. Now AOL and Yahoo's business models are very similar, except AOL's costs are higher.
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