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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Brian K Crawford who wrote (5192)	10/23/1997 7:15:00 PM
From: Zhaohui Chen	Respond to of 13594

I like AOL, but not the price. It is likely that it will dip to low 80s or even to high 70s in next two weeks under current market condition. I will pick up some by then.

To: Brian K Crawford who wrote (5192)	10/23/1997 8:17:00 PM
From: Keith O'Neill	Read Replies (1) \| Respond to of 13594

It's purely mania. A price hike isn't too likely because: 1) AOL differentiation is rapidly eroding, the idea that they have any sort of monopoly is incorrect. A price hike will lose paying subscribers who are already paying the way of several million freeloaders. 2) They've changed their business strategy to go after eyeballs. For every trial member they sign up in say Albania AOL's market capitalization increases $1,000. They aren't going to do anything to damage that free money. And AOL can attract more ad revenue, though I don't know how many mail order books and flowers Albainians buy from US companies.