A-O-HELL Facing Two Lawsuits

[BEST45CAL]

After an internal investigation under Mr. Parsons last fall, AOL Time Warner acknowledged that it had improperly overstated its advertising revenue by about $190 million, mostly at its AOL division, over 18 months that ended last spring. Then two weeks ago the company disclosed that the Securities and Exchange Commission was questioning an additional $400 million in revenue, and now, in the first concrete assessments made by critics outside the company, the lawsuits contend that the company inflated its results by far more significant sums — as much as $1.7 billion or more.

SOURCE (http://www.nytimes.com/2003/04/15/business/15AOL.html?ex=1051588800&en=7eb35ba467aece9b&ei=50 04&partner=UNTD)
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[Rhino]

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BEST45CAL said:
A-O-HELL Facing Two Lawsuits

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Only two?

[nosferatuscoffin]

The beginning of the end. The cracks were showing up about 2 years ago.

First, the software itself became more and more bloated, horrendously invasive and as more people got more experience with being online, they realized they did not need the handholding that AOL's piece of garbage was giving them.

Not to mention, there has been a marked uptick in consumers going with high speed. AOL was WAY late to this party and was left at the train station in the rain.

Also, their pricing has always been way too high for what they offer, the customer service is poor and their habit of charging closed accounts is legend, going back to the late 80's.

Add Ted Turner, water, mix well and prepare for bankruptucy.

[JonECat]

Suprise, Suprise.

AOL is training wheels for the internet, eventually people learn to ride a bike on their own.

[DoctorDoom]

One of the major problems with AOHELL is that it is so invasive that it practically requires a reformat and reload to get it off of a computer.

IAC, the large majority of its customers couldn't less about getting away from it. They're either mouse-clicking appliance users who don't want to be bothered with learning anything about their boxes, or kids who wriet lik this wtf lol 2 u.

[Radical-Conservative]

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DoctorDoom said:
One of the major problems with AOHELL is that it is so invasive that it practically requires a reformat and reload to get it off of a computer.


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Kinda like internet EXPLODER err explorer 'eh?

[Dash_Riprock]

I'll stick with NetZero.