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


To: Jenne who wrote (17842)5/20/1999 12:11:00 PM
From: Venditâ„¢  Respond to of 41369
 
Net Notebook: AOL Assuages Broadband Concerns

So what if AT&T (NYSE:T - news) is tightening its grip on America's cable pipes? America Online (NYSE:AOL - news) is still well-positioned to thrive in a broadband environment.

That was the message Wall Street took away from a full-day meeting with analysts and investors that AOL held Wednesday, according to three people in attendance. AOL didn't allow the press to attend the gathering.

Though AOL's stock price has fallen 23% since early April, Wall Streeters at the meeting said they thought AOL did a good job of allaying concerns that it could fall behind as more Americans get high-speed access to the Internet from their homes.

fnews.yahoo.com