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

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To: White Shoes who wrote (6713)1/7/1998 11:24:00 AM
From: Gaffa  Read Replies (1) of 13594
 

What do you figure people do in locales on the globe where AOL doesn't exist? They take 10 minutes to figure out what "Internet access" is, get an ISP based on a friend's recommendation, fire up a browser and get surfin'! What's AOL?


A few months ago I was goofing on the web and had a conversation with a kid in Lebanon at I think talk.com, one of those Java based chat sites. He has his ISP obviously, so I asked him about the service there. He complained about the hourly charge, which was high, slow speed, and said "too bad we don't have AOL". Turned out the kid visited the states the previous summer and saw his cousin's AOL account.

Now I am sure things will change fast, and ADSL will be widely available in Afghanistan in no time, technology is an issue, but brand is THE issue in any consumer product.

With that said, is the current price for AOL stock justified? I really don't know, but I sure don't want to bet against this company or the stock.
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