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Technology Stocks : America On-Line (AOL)
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To: Jorge who wrote (1763)1/6/1999 7:19:00 PM
From: Smart Investor  Read Replies (1) of 41369
 
This sounds good. However, I think most investors who are playing the momentum game and buying AOl, YHOO, AMZN, etc. do not have a clue about the revenue sources breakdown of these companies. If they do, they will see that YHOO got 12% of its revenue from Softbank and its affiliates (Softbank holds 30% of the stock) and about 5 million in interests again from Softbank proceeds, which is the main reason YHOO beat the estimate last quarter. Have anybody read the 10Q of AOL, YHOO or AMZN? I guess not many.
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