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Technology Stocks : America On-Line: will it survive ...?
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To: Carlos A. Lima who wrote (97)9/3/1996 11:02:00 PM
From: grogger   of 13594
 
Carlos,
It's nice to see another investor who is long on AOL. In the long term I like this stock as well. I have already written about this in the thread. They are projecting 10 mil subscribers within the next year. This is well above the 6 mil that they currently have and they are looking for 15 mil within the next year or two. The stock may also be oversold and does have some support at this level.

Some facts which make this stock compelling are: I like the new marketing "blitz" they have gone with for Version 3.0, if this is successful it should do well as the Winter season and Holiday season approaches (the next few months will be critical). Also, as AOL increases it # of subscribers the company expects advertising revenue to be quite substantial. I don't think this can be denied. I also understand what others are saying about the stock but I think it will come back. We'll see what happens over the next for months.

Rob G
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