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

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To: johny who wrote (7645)2/11/1998 6:49:00 PM
From: Keith J  Read Replies (1) of 13594
 
AOL did sell another $4 million of Excite stock during the Dec. quarter. However, looks like they also had some other items which cut down the gains, unlike the Sept. quarter. Also indicated that they would be taking charges in the March quarter relating to Compuserve and the library transaction. Also indicated current usage running at 46 minutes, compared to 41 minutes in the Dec. quarter. They may miss their service margins for the March quarter. And yes, the company, in it's history, has a cumulative net loss of nearly a billion dollars. Please read the conference call at MF.

Also, if you are a serious AOLer, and haven't joined the yearly plan yet, it would be a good time to do so. Either if you join before the price hike, you'll save $2/month over what you spend now, or if you join after the price hike, you won't see any net change. I have no guidance on what percent of unlimited AOLers are on the yearly plan, but I would think it would be going up quickly. Won't exactly do wonders for AOL's top line if that happens either.

KJ
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