SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: Harry Larson who wrote (9580)4/20/1998 8:43:00 AM
From: RagnBull  Read Replies (3) | Respond to of 13594
 
This excellent article appeared in today's Washington Post.

It is interesting to note that:

-AOL has in the past been accused of "questionable" accounting and fincancial practices.

-AOL has a major partnership deal with the CUC part of Cendant which last week disclosed fraudulent activities.

-AOL has a huge partnership deal with Tel-Sav whose CEO has been running around trying to sell off his company which is losing a ton of money.

-Now, today's Washington Post has an article questioning AOL's health insurance partnership with Provident American --- here's the link.

washingtonpost.com

It sure looks as if quite a few of AOL's major partners have been praying that AOL and the Internet can somehow perform miracles and bail their companies out of trouble.

I wonder just how much revenue AOL will ever see from partnerships with companies like this. Somehow, I doubt whether the revenues will come anywhere near the numbers bandied around by AOL.



To: Harry Larson who wrote (9580)4/20/1998 11:28:00 AM
From: H James Morris  Respond to of 13594
 
Great post! I guess what I'm reading here is, Case and Pitman will partner with any house of cards, as long as its partners, checks don't bounce.