America On-Line: will it survive ...? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line: will it survive ...?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jack rand who wrote (6071)	11/21/1997 5:32:00 PM
From: Steve Robinett	Read Replies (1) of 13594

Jack, This Everen Securities recommendation is a perfect example of brokerages all feeding from the same information troughs--one likes it so they all like it. Their reasons for liking the stock are also lightweight and boil down to because they think it will go up--duh. The "economy of scale" argument is obviously weak. With 10 million subscribers, AOL's profitability profile looks about like any ISP no matter the size. Their argument that the $1000 PC helps AOL is probably right. My neighbor just bought his first PC today. I helped him set it up and during the conversation he asked about online services, mentioning AOL by name and assuming it was somehow the best--this from a guy who has never used a computer. Everen's earnings estimates are also above Steve Case's estimates. They must know something he doesn't. If AOL's going to $100 (their opinion, not mine), I wish it would do it fast so I can buy Dec $100 puts. Best, Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next