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

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To: Keith J who wrote (9068)3/27/1998 8:37:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 13594
 
Just caught this about AOL's partner on the Motley Fool's Lunchtime News:

<Managed care health insurance holding company Provident American Corp.
(Nasdaq:PAMC - news) lost $1 5/16 to
$5 7/16 after saying it expects a Q4 loss after charges of $12 to $15 million compared to
net income of $1 million a year
ago. The company also said restructuring charges and write-downs of deferred policy
acquisition costs will result in a
"significant reduction" of intangible assets.>

FWIW. And they're paying AOL how much???


Keith,

The entire market reaction to AOL baffles me. This included.

Glenn
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