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To: Bill Harmond who wrote (77361)9/14/1999 7:08:00 PM
From: H James Morris  Respond to of 164684
 
William, please be careful. I have no interest currently in Aol. Trust me.
Out of todays Seattle PI.
"America Online Inc., down 5 15/16 at 90 3/16. The No1 online service could see its shares fall by 50%, short seller Doug Kass of hedge fund Seabreeze partners, told Barrons in its "Up & down Wall Steet " column, adding that America Online could be forced to lower its monthly subscription fee if competitors such as AT&T and Msft offer cheaper service".
Ps
Unlike the Amzn of two years ago whose float was controlled.
Aol has more shares outstanding that China has eye balls, and these hedge funds know it.



To: Bill Harmond who wrote (77361)9/15/1999 2:52:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Like I have any clue what I'm doing?! I'm back in AOL at 115, 106, now 91, plus some Jan 95 calls a couple weeks ago
at 94. Now I must endure HJ's "tisk, tisk, you're averaging-down" slams.


William,

There is no simple answer here. These "fears" about competition killing AOL's pricing could be warranted as much as the busy signals were a downfall years ago. Who knows.

Glenn