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Technology Stocks : AMERica on-Line, Another over valued company?

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To: capitalistbeatnik who wrote (191)8/8/1996 5:43:00 PM
From: Srinivasan V S   of 222
 
AMERICA ONLINE (AMER) 33 3/8 -1 1/2. Company just released earnings that were above Wall Street estimates of $0.16 a share. In the 4th qtr, company earned net income of $0.19 a share, compared to year-ago's $0.06 a share (including charges). 4th qtr revenue rose at a extremely robust 120% to $334.5 million from $151.9 million.

For now they are doing well:

Srini
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