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Technology Stocks : AOL, now I get it

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To: Allen L. Axelson who wrote (147)12/3/1996 12:30:00 PM
From: Tony M.   of 496
 
Re: news article on aol
biz.yahoo.com

Also notice the fact that AOL is spending 250 MILLION dollars to upgrade....Aren't they already spending 300 MILION (I believe) in advertisements and marketing.

How in God's name do they expect to turn a profit anytime soon???? The current estimates for this quarter alone are for AOL to lose .31(First Call) to .35(Alex Brown). (I wonder if they'll change now that another 250 million will be added to costs) Just how many charges can AOL take against their non-existent earnings.

I'm watching this one. When it decides to top it will tank like a son of a.........you get the picture.

Just looking at the graphs over at lombard also. seems like volume is slowing down some. so far only 1 large trade at the start of trading. seems likes shorts on this stock aren't bleeding just yet or are just waiting until next earnings date

Tony M.


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