America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: Bald Man from Mars who wrote (8149)	2/23/1998 6:29:00 PM
From: J.S.	Read Replies (1) of 13594

Hi, Did you check out the latest: NEW YORK, Feb 23 (Reuters) - Volpe Brown Whelan & Co said on Monday that it raised its fiscal 1999 earnings estimate on shares of America Online Inc to $1.70 per share from $1.63 per share. -- Analyst Derek Brown said he raised his fiscal 1999 revenue estimate by $600 million to $3.8 billion. -- Estimate increase based on higher price AOL will charge per month for unlimited access to its service. -- Also based on additional revenues from recently-acquired CompuServe. What about the loss of revenues of high margin ANS? AOL only got the money losing low (negative?) margin CSi division. Even so. Earnings estimate only raised by 4.5%. AOL has gone up by already 20% in the last week. It is a wonder, they didn't say ".. change the way we value AOL blah blah blah.." Joe

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