Buzz: AOL...Ouch

"Who's the U-Boat Commander? "
             -- Service Manager after Tom Cruise
                puts his dads Porsche in Lake
                Michigan (Risky Business)

How do you mess up a business this badly? AOL had 35 million subscribers at its peak. See the NYT's quote below...it will lose 33% of its subscribers in the next year, which is already down 50% from its peak. It just goes to show how if you can see how the competition is going to eat your lunch, get to the lunch box early yourself and start eating...Technology moves too quickly and Darwin always strikes quickly.

NYT's today: "The jobs eliminated by the current cutbacks will largely not be replaced. An AOL spokesman said that the company had not ruled out further layoffs but that none were in current plans. AOL has said it expects to lose at least six million of its 17.7 million subscribers in the next year and more than nine million in total over three years."