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

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To: WBendus who wrote (6598)12/30/1997 1:05:00 PM
From: Brent D. Beal  Read Replies (2) of 13594
 
Nobody even posts anymore. . . Where is everyone? We're approaching $90 and all the shorts should be slobbering over the downside, which keeps looming larger the more this stock keeps going up. We're about 5 or 6 weeks away from AOL's quarterly brush with reality--you know, that unfortunate ritual which involves disclosing how much money you've made, or in AOL's case, not made over the past few months. Just for fun I signed up for another 50 free hours just to see if anything had changed over the last 6 months--I was reassured that AOL sucks now just as much as it always has. Interesting though, when I called to cancel they offered to get rid of all the ads. . .? Anybody else had the same experience? Boy, that ought to really encourage potential advertisers. I notice that AOL is up another 2 points or so, presumably on the Cybermeals announcement--correct me if I'm wrong, but doesn't this deal involve a fixed $5 million a year over the next four years. Assuming all this went straight to earnings, isn't that about $.01 a quarter? So there goes another chunk of advertising space which won't be generating any increase in revenues until 2003. Explain to me again how AOL's earnings are to increase by a factor of 5 over the next two years.

Anybody got some predictions regarding earnings?
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