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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (29768)8/21/1999 8:29:00 PM
From: Bridge Player  Read Replies (2) of 41369
 
<< Wow, AOL really is the gorilla. Try to catch up with these guys, just try.
Here's what you'd have to do:

· Serve 2.6 billion web pages each day.

· Facilitate the exchange of 56 million daily e-mails.

· Hand out 121 million stock quotes.

· Exchange 432 million instant messages.

...etc....>>

To paraphrase, Vendit, wow.....

Given these impressive numbers, can someone who is more accounting-oriented than I am, please explain why the gorilla is expected to report, for fiscal year ended June 2000, $.62 eps fully diluted (according to consensus estimates), up just $.02 from the $.60 fully diluted and including all extraordinary income and charges reported for fiscal year ended June 1999?

Apparently, earnings per share is not exactly expected to keep up with the projected numbers in increased revenues from advertisers, and the rate of increase in subscriber count.

Anyone know why this is?

BP
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