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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (6562)11/6/1997 9:41:00 PM
From: Timoteo  Read Replies (1) of 9285
 
Roger: AOL cursory glance indicates a potential peak in advertising revenue. Not surprising IMO, since nobody claims it pays and there is increasing competition. Improvements in net technology make AOL less and less necessary. Lower cost of entry means that this market will increasingly attract competition. Bad for the billion dollar cap companies with no real earnings. I hate to catch a falling knife however. YHOO and some of the other search companies are possibly the better play. Enjoy the BROC meeting. Wish I was there but have a school system to run :).

Best wishes,

Timoteo
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