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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (30103)8/28/1999 12:46:00 PM
From: Brian K Crawford  Respond to of 41369
 
thestandard.com

This is an article based on an interview with Bob Pittman regarding cable access. The author's interesting twist: AT&T and the RBOCs may need AOL more than AOL needs their broadband.

Twist # 2. Pittman basically says, "we are headed for broadband, but we are not in a hurry. The consumer isn't yet ready enough for it for AOL to invest in a big push".

Brian



To: Rarebird who wrote (30103)8/29/1999 2:39:00 PM
From: ChinuSFO  Respond to of 41369
 
Rarebird, I am not talking about immediate objectives such as short or being long. I am talking about the situation where 11,000 invested in AOL in 1992/1993 is worth more than 5 million now. The doomsayers were talking in 1996 when AOL had dialup access problems and it is similar to doomsayers saying that broadband and free access is the deathknell for AOL. No, no, no. AOL management has been there and seen that. They are doing all the right things and my point is while TA is good in a volatile market, we also need to look at AOL from the long term perspective. It is not going to be another Iomega.

AOL management is very aggressive, savvy and forward looking and they do not rest on their laurels.