SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cody andre who wrote ()10/2/1996 9:40:00 AM
From: tom pavlish   of 13594
 
To all from aol's 10k(from the report)
Effective July 1, 1995, the Company modified the components of subscriber
acquisition costs deferred, and changed the period over which it amortizes
subscriber acquisition costs. The period over which the Company amortizes
subscriber acquisition costs was changed from twelve and eighteen months to the
period described previously in order to more appropriately match subscriber
acquisition costs with associated online service revenues. The effect of this
change in accounting estimate for the year ended June 30, 1996, was to increase
net income by $48,106,000 ($.45 per share).

This is the co's own statement.
4 anyone looking at this stock read the 10k
after u get by all the cheeleading the facts be enlightening.
The 10k just says they were increasing the shifting of costs forward, it did not account for the amount already shifted.
tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News