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

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To: Spaw who wrote (11869)11/18/1998 10:21:00 AM
From: port_mgr   of 13594
 
Why did AOL just invest in PAMC?

According to the last 10Q PAMC filed, AOL purchased a preferred equity position in their web subsidiary Healthaxis.com. This is an insurance site where you can buy health, dental, eye, etc. insurance without paying the normal 20% commission to the agent. They have an exclusive with AOL. But I didn't think AOL invested in its customers. Is PAMC the next internet rocket?
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