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Technology Stocks : America On-Line: will it survive ...?
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To: James F. Hopkins who wrote (1625)2/9/1997 7:32:00 AM
From: Arnie Lazarus   of 13594
 
Stockholders equity dropped from $512,502,000 on June 30 to $38,794,000 on December 31. Divide these figures by the 93,800,000 shares outstanding and discover the book value has decreased from $5.46 per share to 41 cents per share during the past 6 months.

AOL still has $42,309,000 in "goodwill" listed as an asset. Subtract this and the figure becomes minus 3.7 cents per share. :-)
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