AMERica on-Line, Another over valued company? Message Board

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

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To: Art Stone who wrote (206)	8/11/1996 4:44:00 PM
From: Jingsheng Sun	of 222

Intel sale in North America only accounts for 40%. How about the other 60%? I think AOL is taking the right approach, if European market can grow much faster than in US, why not? I would have worried if they did not report membership growth in overseas, because I know they started these Joint Ventures about 6 months ago, you don't expect they report membership before these Joint Ventures, do you? I think they spend more average $ per membership in overseas than in US. The market and developemnt expenses are also including oversea expenses. By the way, we should see dramatic change for retention and $ per new membership after AOL starts new value plan and the launch of its new software.

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