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Technology Stocks : America On-Line (AOL)

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To: Jeff Dryer who wrote (27411)7/30/1999 2:28:00 AM
From: CCR  Read Replies (1) of 41369
 
Jeff, just a technical comment on your helpful model. The market cap should probably be translated to a share price using the actual shares outstanding at the time instead of the fully diluted shares. Although the options are most likely going to result in issued shares eventually, for market cap purposes it probably should not be assumed that they will. Of course, the 125 PE ratio offsets that.
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