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

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To: prakash who wrote (7604)2/11/1998 2:02:00 PM
From: The Duke  Read Replies (1) of 13594
 
>>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. <<

Prakash,
is this really true? I remember last quarter they announced earnings of .16 a share, and then it turned out that .04 was capital gain on excite shares. If .04 cents of this quarter was excite, then that means that they missed by .03, that they have no quarter over quarter growth, and that net operating margins are down. I find all of this hard to believe, and the market doesn't know this. Can you substantiate this with a link or something, this sounds juicy.

eric
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