Robert and also Rocketman....Here is the answer to your questions:
Keith Benjamin, Robertson Stephens analyst, today says this will be a "monster quarter", but that's not the biggest issue with investors..."The biggest issue is broadband."......The article goes on to say there is a Time Warner (RoadRunner) deal lurking in the very much realm of possibility.
Robert, and thread.....I don't know if we will get a better buying opportunity than where we're at or not, but one thing I do know, when High-speed access (cable, maybe RoadRunner), and more ASDL broadband, and if we get into wireless via DirecTV or whatever----this stock is going to soar, guaranteed....There will be no competition for "miles" around.........This stock will "move" big-time when these deals are announced--------and I think you and I know THEY WILL BE......In the meantime, I will be happy with "monster" Earnings for now, and will be Holding onto my shares for the future, which will be right around the corner........Here's the article and the link:
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“THE STRANGE THING IS, even though this is going to be a monster quarter, that's not going to be the biggest issue for the stock,” said BancBoston Robertson Stephens analyst Keith Benjamin about America Online. “The biggest issue is broadband.”
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“They have so much brand momentum, and there isn't a brand competitor,” Benjamin said.
The analyst added, however, that AOL's stock has been constrained by investor concerns over high-speed access. Specifically, high-speed Net surfing service At Home announced plans for a $6 billion acquisition of Web portal Excite, putting the combined company in a position to eventually challenge AOL with speedier Web surfing.
AOL is working on its own broadband response. For instance, the company is pressing the Federal Communications Commission to give it equal access to cable surfing networks operated by At Home and other companies. Additionally, earlier this month, AOL announced plans to offer high-speed access in a partnership with telephone company Bell Atlantic.
But Benjamin said that investors are looking for more. For instance, Benjamin said he wouldn't be surprised if AOL partnered with Time Warner's RoadRunner broadband service, which competes with At Home.
One sign of AOL's hold on the public zeitgeist was the quarter's release of the Warner Brothers romantic comedy “You've Got Mail,” in which mega-stars Tom Hanks and Meg Ryan fall in love through anonymous AOL cyberchat.
William Blair & Co analyst Abhishek Gami said the movie could have played a role in spiking interest AOL. The service reported at the end of December that it added one million new accounts in a month and a half, its fastest growth ever, bringing its total subscriber base to more than 15 million.
AOL also announced earlier this month that members spent an estimated $1.2 billion in holiday shopping on the service.
msnbc.com
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Regards, George |
