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Technology Stocks : America On-Line: will it survive ...?
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To: johny who wrote (7601)2/11/1998 1:51:00 PM
From: prakash  Read Replies (4) of 13594
 
All that glitters may not be gold.. Watch out..

Just read ML's report on AOL's earnings. ML says the .17 may not be actually .17/sh. Looks like AOL sold about $4M of Excite shares in each of last two quarters. Unlike the Q1, AOL did not break out the Q2 EPS to reflect this gain.

Now if AOL down the road realizes the mistake and restates the earnings.... ooohhh.. That would be interesting.

Prakash
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