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

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To: FuzzFace who wrote (11101)8/20/1998 3:28:00 PM
From: jack rand  Read Replies (1) of 13594
 
There's a big disconnect in thestreet story.

"AOL signed up 665,000 users during the quarter, a 5.3%
rise from the previous quarter. A year ago during the same
period, the giant online service expanded its base by 7%.
Tricia Primrose, a company spokeswoman, said strong second-
quarter growth in 1997 was fueled by a change in monthly
pricing plans, so year-over-year comparisons are hard to
make."

The 7% vs 5.3% is March-June Q. The price increase was in
December, which was AOL's Q2. Appears to be confusion about
designation of fiscal vs. calendar quarters. June Q is AOL's
Q4. Primrose's reference to AOL's Q2 is Dec 1997 Q.

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