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Technology Stocks : America On-Line: will it survive ...?
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To: LordDarley who wrote (1182)1/24/1997 9:27:00 AM
From: Joel Sternberg   of 13594
 
> There will most likely be a private placement (perhaps with AT&T) or a secondary offering. It would
not be that hard to raise 3-4 hundred million that way. The fact that Wall Street has been talking it up is
precursor of this type of development.<

I am not sure why AT&T would want to buy into a system that duplicates and is not compatible with their own. What AT&T would be interested in is AOL's customer base. Getting that would involve buying out the company, but not at anything close to today's price. It makes for a nice rumor though.
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