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: Ed Zhao who wrote (13)	3/1/1996 1:11:00 AM
From: Russell	of 222

The way I see it is that by amer capitalizing their cost to develop their subscribers, they show higher (overstated) earnings now. If their growth slows down, their earnings could suffer greatly. Maybe it doesn't make any difference. But none the less, it is interesting info. Thanks to Scott for the post. -Bill Russell

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