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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (6934)4/1/1998 2:13:00 PM
From: Jerry Olson  Read Replies (1) of 120523
 
Jenna

this just in!!!!!!ednesday April 1, 1:36 pm Eastern Time

RESEARCH ALERT - AOL raised to strong buy

NEW YORK, April 1 (Reuters) - BancAmerica Robertson Stephens said Wednesday that analyst
Keith Benjamin raised his rating on America Online Inc to strong buy from buy.

-- Expects turnaround at recently acquired CompuServe business in fiscal 1998, with better than
expected subscriber growth at AOL and CompuServe, advertising revenues and commerce activity
all seen as potential sources of earnings surprises.

-- Expects higher revenues associated with AOL's price increase but sees higher usage costs and
investments offsetting revenue benefits of fee increase.
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