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: Pikewest who wrote (4227)	8/2/1997 12:16:00 AM
From: Pikewest	of 13594

Motley Fool is really hyping this stock on their web-site. They are expecting $90.00 per share if the company can obtain 10 million subscribers. This would value each AOL subscriber close to a ridiculous amount of $900.00 each. Also they stated the reason for the jump in price today is due to AOL announcing an earlier release of their earnings which will be on August 7. I have known about this release for the last 2 weeks so I dont know how this can be an announcement of an earlier release. With regards to the two insiders selling shares, it is sort of strange that the brokerage house listed is the same name as the Mutual Fund hyping the stock in last weeks Barrons. These people could be wanting to sell shares in order to get out at a higher price before the stock drops when earnings are reported or they can be expecting higher prices after the earnings announcement and would like to be ready to capitalize on the good news. Hard to tell. I feel the stock will drop after earnings are reported, there is no way AOL can maintain these high valuations even if they execeed expectations. Just some thoughts going into next week.

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