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: Andre Lukas who wrote (4525)	8/19/1997 12:58:00 PM
From: Harry Larson	of 13594

>My suspicion is that AOL lost money (the excuse: probably depressed >commercial real estate) Presumably if they lost $ on it they would have reported it as extraordinary so as to increase operating earnings. My understanding is that the commercial real estate market in the DC area in general and Tysons Corner in particular has improved significantly in the past 2-3 years. (As in most areas). >Let us assume otherwise and AOL gained ALMOST $ 1MM How do you figure that? The original purchase price isn't mentioned. Or are you just throwing out a figure for illustration? >1MM, that would add one time gainof $ .01 which would made their >announcment to $ .10 Correction. It would make it $0.08. They reported $0.09 after backing out the `timing adjustments'

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