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

To: Keith J who wrote (9664)	4/29/1998 11:24:00 AM
From: yard_man	Respond to of 13594

These guys aren't going to be popular when the bubble bursts. Everyone knows that, even them.

To: Keith J who wrote (9664)	4/29/1998 1:08:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 13594

Keith, if I had his amount of stock and options, I'd tell them it was worth $300ps.

To: Keith J who wrote (9664)	4/29/1998 2:16:00 PM
From: RagnBull	Respond to of 13594

They should also be taking the $5 million write-off of this loan to NetChannel. You can bet that AOL will meet and probably beat the street estimates for "operating earnings." However, with all the "one-time write-offs" I'd guess that they'll fall short of the street estimates. Of course, the analysts, who are in love with AOL, will ignore the immediately raise earnings estimates and some will upgrade ratings. NEW YORK, April 29 (Reuters) - NetChannel Inc. is expected to shut down its Internet-via-TV service this weekend as it continues acquisition talks with America Online Inc. (NYSE:AOL), the Wall Street Journal reported Wednesday. NetChannel is a competitor to Microsoft Corp.'s (NASDAQ:MSFT) WebTV unit. NetChannel is epxected to inform its 10,000 subscribers within days that it will shutter the service less than a year after its launch, the Journal said, citing executives familiar with the plan. AOL has been helping to fund the closely held company since November, and has had serious talks about buying it in recent months, the paper said. A pact between the two could call for AOL to pay $20 million in cash, a figure that includes the $5 million it lent NetChannel in November, the Journal said.