The AOL Instant Messaging Flashing “IM” is a Virus –Fiction!
Summary of eRumor:
This is a short message which says to immediately delete a flashing “IM” (Instant Messaging). It claims that it’s a “password stealer” and that if after discovering it, you can’t sign on to AOL, you should call AOL.
This is a hoax. The flashing IM is not a virus, it’s a part of the Instant Messaging design.