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

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To: Art Stone who wrote (6121)11/29/1997 2:35:00 PM
From: Steve Robinett  Read Replies (1) of 13594
 
Art,
According to Daniel Borislow, Tel-Save's CEO, as of last Wednesday (26 Nov 97), he isn't even thinking in terms of getting out of his deal with AOL: Says Borislow, "I now figure that my AOL agreement will probably be a huge winner, because after all, how could I be wrong, after locating telecom assets for which others are willing to pay triple the prices from their 52 week lows."
biz.yahoo.com

I took a look at Tel-Save's last 10-Q:
sec.yahoo.com
What a slock business! A long-distance reseller who is scrambling to get residential customers (the worst customers--you want businesses) by hoping that AOL customers who by definition already use E-mail for anything further away than two blocks will buy their service--now there's a man with more hope than brains.
Best,
Steve
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