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

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To: Keith J who wrote (7865)2/14/1998 10:06:00 AM
From: prakash  Read Replies (2) of 13594
 
I don't think that the Analyst meeting went all that well. I just checked out ML's report. They are saying the company seems to be comfortable with the top end of Fiscal 98 estimate with is .85 and low end of Fiscal 98 estimate which is 1.5. ML also notes Q3 est may be too aggressive. $17M that came to rescue last quarter wont repeat this time.

Now for a high flying company like AOL, the street expects the company to surprise quarter after quarter on the upside. If it's just going to "meet expectations", which anybody can do, the mo-mo guys will find something else that can deliver and move on.

Give it a few more weeks, people will realize that AOL is nothing more than a "hot air balloon" and will bring it down.

Prakash
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