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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Labrador who wrote (1352)1/4/1999 6:11:00 PM
From: sam  Respond to of 41369
 
Sure -- AOL is down 6 5/16 for the day. But -- to me -- there's another way to view it. AOL ended Thursday's trading day in the 144s. The movement to 160, and subsequently to 155 was on index fund buying after hours and was -- for all intents and purposes -- an anomaly. So, those who bought in at Thursdays close (like me) are still up over 4 points. All the doom and gloom about "this being the end of AOL's bull run" is ridiculous IMHO. Will AOL correct? All stocks correct over time. Maybe we're in that mode now. I don't know. But judging from some of the action in some of the other internet stocks -- I'd be surprised. Therefore, I will not be surrendering any of my shares in the short run (famous last words?). Will AOL get to 160 again? No question in my mind. It's only a matter of time. JMO



To: Labrador who wrote (1352)1/4/1999 8:13:00 PM
From: Mark  Respond to of 41369
 
Jolie Renee,

My guess is that CBS had to offer something to AOL pretty compelling for them to drop ABC. ABC was doing a pretty good job, so why would they stop? To lock up an exclusive deal I expect that CBS paid either 1) cash up front, 2) in kind payments of TV ad time or 3) both.

Mark