Friday, July 14, 2006

AOL - First It Sucked And Then It Died

From The Financial Express, "AOL attempts change of its DNA" looks at the end of an era for the one time king.

Meanwhile on Yahoo Finance popeyedloony just posted, "They're just bringing the price down before they take it to $300. Last chance to buy!!!!"

>>In two weeks, the board of Time Warner Inc, which owns AOL, will hear a proposal from Jonathan Miller, AOL’s CEO, calling for a near halt in marketing for AOL’s 17-year-old internet access service, price cuts for existing customers and thousands of layoffs. His goal is to devote all of AOL’s energy into building its free, web-based services. Miller will defend his plan by arguing that trying to wring every last dime from its dial-up subscribers is preventing AOL from being as aggressive as it can in competing with Yahoo, Microsoft and Google, according to AOL executives involved in developing the proposal.<<

AOL attempts change of its DNA

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