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


To: Bald Man from Mars who wrote (7149)2/9/1998 2:54:00 PM
From: yard_man  Respond to of 13594
 
Now there's sacrifice!! <-g->



To: Bald Man from Mars who wrote (7149)2/9/1998 3:04:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 13594
 
WSJ just reported the following. I have no freaking clue why the stock
is up so much today, since this news of price increase and "restructuring"
basically implies that the earnings are going to suck tomorrow(or atleast an earning shortfall). Why else should they announce the "good" news now?
I went short today at 106. It is hoped that I have picked a top!

If you have wsj interactive subscription,
interactive.wsj.com
An excerpt follows:

<<America Online to Boost Fee 10%,
Lay Off 500 CompuServe Workers

An INTERACTIVE JOURNAL News Roundup

America Online Inc. announced a realignment of its operations and said it
will raise its monthly on-line service fee 10%. Also, AOL said its
CompuServe unit will lay off 500 employees as part of a restructuring.>>



To: Bald Man from Mars who wrote (7149)2/9/1998 3:08:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 13594
 
<<So I am betting the Valentine's dinner/gift money that I
am going to spend on my 25 year old blonde chick, and if
this does not work out, I will be alone come Saturday !!!>>
Close encounters of the 3rd kind?



To: Bald Man from Mars who wrote (7149)2/9/1998 3:08:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 13594
 
Bald man >>So I am betting the Valentine's dinner/gift money that I
am going to spend on my 25 year old blonde chick, and if
this does not work out, I will be alone come Saturday !!!<<

I guess that is the way life goes. I do have the $$$ to short more of this puppy; but believe me, I much rather have the 25 year old blond! The $$$ is all numbers in a bank account; and, unless you inherit, they usually come after you have quite a bit of grey hair (that is, if you have any hair left - I don't). Good luck! and enjoy Valentine's (and every day before and after) regardless of what happens with AOL.

FWIW, when I was around 18 I used to go walking with this friend of my father's who had a bad hearth condition. The guy was quite wealthy and used to tell me: kid, I would give up everything I've got, including my clothe's, you can leave me anywhere on I-95 naked; I would only ask to keep the experience of a 60 year old and your current age and I would make it all back and even take better care of myself. I didn't understand the guy then. I do now. Got to check if he is still around [I doubt it].

Pancho

Pancho