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


To: George Bielski who wrote (8060)2/21/1998 9:03:00 AM
From: Brian K Crawford  Respond to of 13594
 
<<Yet another lawsuit coming against AOL. COMMENTS? >>

Yup, a few comments...

Not a new suit.
Lifting of stay in old suit arising out of access problems when AOL went to flat rate.
Potential to settle out of court is still there.
Case won't make it to a hearing until summer, at earliest.
No new issues.
Class action lawyers know where the bucks are.
They will pry some loose here in the settlement.
Consumers won't see more than pennies, each. Lawyers will see $$$.
No effect on AOL stock price or AOL business model.
Marty Zweig was on Wall Street Week last night and he reiterated that the trend is your friend.
I agree with Marty.

Brian



To: George Bielski who wrote (8060)2/22/1998 12:08:00 AM
From: George Bielski  Read Replies (1) | Respond to of 13594
 
Besides Prodigy zeroing in on AOL's business-- prodigy.com
I caught an ad on the radio of a local ISP provider also zeroing in on AOL's business. "Why pay more for less", blah, blah. Come to our service 8.95/mo, unlimited use, 56k support. And so on. IMO it seems that AOL made a strategic mistake. Anyone else hearing/seeing ads that specifically target AOL user's?? Do you think there will be many defections? Anything in Barron's, IBD, etc this weekend?