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Technology Stocks : America On-Line: will it survive ...?
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To: Stephen who wrote (9448)4/9/1998 8:36:00 AM
From: jack rand  Read Replies (2) of 13594
 
That ad growth long has been expected and factored into valuations.
If you dig more deeply you'll find that AOL's share of it is
lower than its user market share; and that there's move by advertisers
to more targeted/niche sites, which increased their share of ad rev by
15%.

This is not an infinite sum game. Competition will increasingly be a
factor.
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