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: Pancho Villa who wrote (8102)	2/22/1998 10:47:00 PM
From: Dave Doriguzzi	Read Replies (1) of 13594

At least Tel-Save won't be giving AOL any more of its shareholders money (I would imagine the other $100mm will be spent more wisely): BN 2/22 Tel-Save Holdings Recommended for Selling Short, Forbes Says New Hope, Pennsylvania, Feb. 22 (Bloomberg) -- Tel-Save Holdings Inc. is a good stock to sell short, say analysts, with one putting its value at $8, a 68 percent decline from current levels, Forbes magazine said in its ''Streetwalker'' column. Tel- Save's $100 million exclusive marketing agreement with America Online Inc. didn't produce the subscriptions it had expected, and it said it will have to spend another $100 million to advertise. AT&T Corp. and Qwest Communications International Inc. also have both begun offering low-cost services to match Tel-Save's price, the magazine said. Tel-Save, which provides long-distance telecommunications services primarily to small and medium-sized businesses throughout the U.S., rose 2 29/32 to 27 11/16 on Friday. (Forbes 3/9 230) --Mary Guidry in the Princeton newsroom (609) 279-4028/jcn

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