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: paul jackson who wrote (3947)	7/11/1997 12:31:00 PM
From: Thomas C. Donald	of 13594

Paul: I'm sorry. I must have not stated my question clearly. What I would like to know is how AOL is expected to increase its earnings by approximately $400,000,000 per year (beyond the 1998 estimates) in order to achieve a P/E comparable to well respected companies such as Intel. If I understood this, I would be inclined to take a long position in AOL. Can you or Steve please provide some clear and factual information for me in this area? As I understand the basis for your bullishness now, you expect a billion dollar advertising sale to MSFT and a buyout offer (from Prodigy?). Is there anything else on your horizon?

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