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

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To: Jorge who wrote (11692)11/1/1998 5:34:00 PM
From: Edwarda  Read Replies (1) of 13594
 
Zax and Jorge, it looks to me as though you are dealing with two separate questions. One is, the company and fundamental prospects for AOL. The other is, what is it worth?

Right now, the company is a juggernaut. A lot of the people coming online now for the first time are the "Joe six-packs" of this world. For them AOL is synonymous with being online.

For most of us AOL is the equivalent of training wheels. One gets comfortable and moves on. For many of these people, it becomes home and they do not move on.

The tilt in the estimates is definitely on the upward side. The most recent quarter's subscriber growth and advertising revenue growth blew past most estimates.

But what is it worth?
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