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Technology Stocks : America On-Line: will it survive ...?
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To: Paul Houle who wrote (10519)7/1/1998 1:47:00 PM
From: J.S.  Read Replies (1) of 13594
 
Paul,

Wake me when the questions get to the "intermediate" level.

1. The growth of any metric is always in terms of %. Makes no sense
otherwise. I was backdropping this with % growth of the stock -- where
the price goes up also, btw.

2. Your own figures show that for the time mentioned (last six months)
that actual subscriber growth has declined let alone % growth.

3. Comp online had 2.5 - 3.0M subs when AOL took over. They now
claim about 2.0M (and decreasing I'm sure). When this is added in
AOL sub count may be close to flat over that time period -- I will
be interested in seeing the numbers on next Q's report.

Keep in mind that AOL has appreciated over 100% in the past
several months and almost 50% in the past few weeks -- on mania
and hype (except for a few points due to good news).

Good Luck and prosper,
Joe
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