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

To: Yikes who wrote (10293)	6/17/1998 5:45:00 PM
From: J.S.	Respond to of 13594

Yikes, There is no doubt you are right. The only plausible rejoinder concerns the brand name (mentioned by Sam). However there is a very good reply. AMERICA on line has limited appeal in a worldwide market. With all that in cash, I would rather build the brand name of ATT Worldnet which does not suffer from this limitation. Also keep in mind that any such deal would have to be a stock swap. There is no way that ATT could get its hand on 25 or 30 Billion dollars. On second thought in this crazy market where AMZN could float their "senior debt" at 10% and get away with it, anything is possible. See Ya, Joe

To: Yikes who wrote (10293)	6/17/1998 11:22:00 PM
From: P.T.Burnem	Read Replies (1) \| Respond to of 13594

if AT&T wants to, it could use that $25B to offer FREE INTERNET dail-up to ALL of its long distance subscribers. By year end, it will have over 50 million subscribers in America. For $25B AT&T could produce and distribute a better soft drink then Coca Coca, but how many people would actually buy it? Just like Coca Cola, America Online is a dominant brand, and brands sell themselves. Some ISP's already offer free (advertisement-supported) Internet access. So what? PTB P.S. Don't get me wrong. I tried America Online once, and it sucked. In addition, it took me three months to wean AOL off my credit card. I hate the company, but I love the stock.