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Technology Stocks : America On-Line (AOL)
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To: robert duke who wrote (15233)5/6/1999 11:12:00 AM
From: Smart Investor  Read Replies (3) of 41369
 
The weakness in AOL is due to AT&T's aggressive acquisition of MediaOne. I think AT&T went too far this time. From what I hear, there is a high probability that the deal may not close due to anti-trust consideration. I do not think that the FCC will let AT&T be the monopoly in cable. When this deal falls through or people realize that this deal may fail, AOl will take off again.
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