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

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To: yard_man who wrote (9662)4/29/1998 11:23:00 AM
From: Keith J  Read Replies (3) of 13594
 
Personally, I don't like the fact that the CFO is out there saying that he believes the value of AOL should be about $150. I think it is grossly irresponsible. That would imply a market cap of about $36 billion, for a company with an accumulated deficit of nearly a billion dollars. Boy, we're starting to get a short list of companies with market caps above that. Besides, the technology is evolving so quickly, who knows where things will end up.

Oh, and I'm sure they will manage the numbers so they can report 12 cents or more for the quarter. Don't forget, they're taking 3 separate charges during the quarter. Just MHO.

KJ
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