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Technology Stocks : AOL, now I get it
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To: Richard Vaughn who wrote (281)1/14/1997 8:38:00 PM
From: Scott TSAI   of 496
 
I agree that stocks are valued on variety of basis and earning is only one part. For AOL at this stage, I think the "potential to grow and to dominate the market" is more important than EPS. AOL is very informatice and easy to use. It's ideal for average Americans who might not what to surf for information by themself. So I think there is still room for AOL to grow it's subscribers base. My current concern is that recent flat-rate plan leads to slow response from AOL or even blocks users' logon. I am sure AOL will upgrade it's facilities to catch up this. But how soon can it be? Will customers be patient enough to stay with AOL? Actually I read about a class action law suit against AOL today due to this problem. Personally I stay with AOL as one of it's patient subscribers. However, I did sell my AOL stock this morning at $39.50. It is my believe that AOL's stock will go down soon. But I really wish AOL can react on it's upgrade fast enough so I can be more confident on buying back it's stocks.
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