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

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To: Kenneth Lu who wrote (570)11/10/1996 4:45:00 PM
From: Kashish King   of 13594
 
I don't want to break up the AOL tech-support session here but there are more germane topics such as the fact that AOL has signed its own death warrant:

"Even as it was taking its Big Bath, the company also suggested that it would soon begin to cut back on its core business, of being an 'on-line content provider' for general interest consumers."

The Internet exists and will continue to exist by leveraging global communications standards in both hardware and software. Competition will be in the form of who provides the highest speed at the lowest cost with sufficient reliability and there will be a sliding scale in all of those areas. These highly complex communications systems are no place for AOL or any other online service outside of some of the phone or cable companies themselves. AOL has no place in the development of software tools for Java or ActiveX applications. Just what exactly do they offer? This is a serious, serious question and that fellow they brought in from MTV apparently doesn't have any idea about such matters. Their only value is as a delivery mechanism for organized content, the very services they are eliminating. The good news is they have removed the last scintilla of doubt as to their future prospects, they don't exist.

Prediction: Number one short interest play of the year will be AOL.
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