America On-Line: will it survive ...? Message Board

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

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To: John Kratus who wrote (6465)	12/17/1997 5:28:00 PM
From: James F. Hopkins	Read Replies (1) of 13594

HI John; Also before that the toung and cheek leak "they" put about maybe some bigy buying them out..what a crock..they had to give ANS away in order to stay solvent, that world com will furnish them band width at below market for the next four years, is all the payment they get..and I expect worldcom gave them that deal, to get ANS so as just to clear the books of all the money they were already owed by AOL that she couldn't pay. It was that or forclose on an already backrupt company. Takeing ANS out of her assests ought to drive the book value even more on the minus side. I don't know if that band width worldcom gave them at a discount is transferable to another company ( sellable ) I doubt it. BTW B&N stock seems to have fallen with that news also. Jim

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