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Technology Stocks : America On-Line: will it survive ...?
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To: Stratajema who wrote (29)8/16/1996 6:12:00 PM
From: Jingsheng Sun   of 13594
 
This is a growing industry, but the number of players is growing
even faster. So as a whole the industry is overvalued. I think
AOL is just fine, I feel they covered up their earnings, they
earned more than what was reported, or they shouldn't have
any difficulty to come up with any number dreamed by Wall
Street. 300 million per quarter, they need only 21 million to
make Wall Street happy, it should be very easy to move money
from here to there. I think if Wall Street wants 40 cent for
next quarter, they can do it.
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