America On-Line: will it survive ...? Message Board

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

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To: robert duke who wrote (11546)	10/26/1998 4:39:00 PM
From: Steve Robinett	Read Replies (1) of 13594

Bob, <<I think AOL will grow at about 25% per quarter>> You mean you think bottom line earnings will grow 25%/quarter. I doubt AOL's revenues will grow 25%/quarter. To get revenues to grow that fast they would have to spend a lot of money, which would probably make earnings fall. Closed at 120 1/2 as the herd salivates ahead of earnings. Buy on rumor sell on news? Best, --Steve

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