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Technology Stocks : America On-Line (AOL)

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To: Chuzzlewit who wrote (2228)1/10/1999 10:18:00 PM
From: Jorge  Read Replies (1) of 41369
 
Chuzz...Here is a clip from Keith Benjamin's (Internet Analyst from BancBoston Robertson Stephens)Friday 1-8-99 Internet Web Report:

Notice the ending sentence where he said they believe AOL will beat estimates in EVER METRIC, the best in AOL's history....And that's what seems to be happening every Quarter-Accelerating Growth..

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<<AOL REMAINS THE BIGGEST WEB MALL: AOL reported that its members spent
approximately $1.2 billion on-line during this year's holiday shopping
season. The heaviest day of shopping, December 17th, generated more
than $36 million in e-tailing sales. Some 1.25 million new AOL members
shopped on-line. The Toys, Kids and Babies shopping channels ranked #1,
followed closely by the Apparel channel. We believe the $1.2 billion in
e-tailing sales generated by AOL's 15 million customers makes our
estimated $3 billion in holiday season e-tailing sales seem very
achievable. We believe the December quarter will be the best in AOL's
history across all metrics, and would continue accumulating the stock at these levels.>>
*********************************

Regards, George
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