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

To: John Kratus who wrote (5389)	10/31/1997 8:48:00 AM
From: Zoltan!	Read Replies (1) \| Respond to of 13594

from today's Briefing.com: "We are in the process of wringing out the excess now... We have a ways to go... Particularly in the computer systems group, where some analysts are just coming to realize that increased competition and inflated valuations aren't a good mix... Surprisingly, a couple of Internet companies have fared relatively well during the sell-off... But in a market where established industry leaders are getting marked down significantly, this trend won't last... Look for sellers to set their sights on AOL* and Amazon.com any day now.*" Regards

To: John Kratus who wrote (5389)	11/5/1997 1:13:00 PM
From: J.S.	Respond to of 13594

I had previously posted that the ISR report saying that CSRV had lost over a million customers was suspect. Here is CSRV's reply. Of course, for AOL this provides for a larger customer base on which they can incur further losses. Joe COLUMBUS, Ohio, Nov. 4 /PRNewswire/ -- CompuServe Corp. (Nasdaq:CSRV) today said the October 24 issue of Interactive Services Report substantially under-reported the company's worldwide base of direct and licensed subscribers. By inadvertently omitting approximately 1.2 million CompuServe subscribers in Europe and other international markets, the weekly newsletter mistakenly reported that CompuServe's worldwide base declined 23 percent to 4,137,000. CompuServe reiterated that its worldwide base stood at 5,341,000 at the close of its most recently reported quarter ended July 31, 1997. This total was essentially flat with the figure of 5,373,000 reported for the prior quarter. ''Interactive Services Report officials told us they plan to include a correction in their November 7 issue. We wanted to correct the public record before then,'' said CompuServe spokesperson Steve Conway.