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Technology Stocks : America On-Line: will it survive ...?
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To: Bharat Kalra who wrote (10884)8/2/1998 6:06:00 PM
From: Raymond  Read Replies (1) of 13594
 
<<Note this valuation excludes AOL's other sources of
income, namely advertising and sponsorships which is proving to be a great source of
revenue and income with limited incremental expenses.

$1700/per-customer valuation has to take into account derivative revenue sources already. A subscriber pays only $260 per year for membership.
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