AOL, now I get it Message Board

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Technology Stocks : AOL, now I get it

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To: yard_man who wrote (285)	1/17/1997 6:01:00 PM
From: James F. Hopkins	of 496

The Bubble is punctured : SUIT SEEKS $20 MILLION FROM AOL FOR BUSY SIGNALS Five California men have brought a class-action suit for negligence and consumer fraud against America Online, charging in a Los Angeles Superior Court that AOL introduced flat-fee pricing that increased activity well beyond what it was prepared to handle, so that subscribers encountered "busy and unavailable phone lines and/or inaccessible computer equipment." (Atlanta Journal-Constitution 15 Jan 97 B6) This not on main wires yet, AOL is trying to stonewall it..but AOL closed down today and closed with an Order Influx...( sign there will be after hour trading ) suit is lible to spread.. I see more storm clouds ahead, don't wish to rain on anyones parade..but I think the little indivdual gets shafted bad enough on the after hr trading..and gets news to late..u know AOL had to know about this suit...u didn't even see a responce.... they will of course respond..and challange it, after the insiders sell what they can.. jim

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