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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 (7154)	2/9/1998 3:00:00 PM
From: Stevie	Read Replies (1) \| Respond to of 13594

AOL SAYING PRICE INCREASE WILL NOT HELP EARNINGS.. (REUTERS) America Online <AOL.N> earnings unaffected by hike America Online <AOL.N> earnings unaffected by hike DULLES, Va., Feb 9 (Reuters) - America Online Inc, the world's largest Internet service provider, said a $2 a month rate increase for subscribers with unlimited monthly access will not translate into higher earnings for the company. "The price increase basically will not drop to the bottom line because of the increased network costs that we are experiencing," America Online Chairman Steve Case said in an interview with Reuters. He declined to disclose how much revenue the rate increase will generate for the Dulles, Va.-based company. MORE * end of story *