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Technology Stocks : America On-Line (AOL)

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To: Jorge who wrote (4169)1/31/1999 11:38:00 PM
From: CoastalAccess  Read Replies (2) of 41369
 
The Feb. 15th Fortune had a large article that discussed the 10 trends to bet on. These included:

The Exchange Economy
Phones Get Swallowed
AOL Rising
Storage! Storage! Storage!
PC-Free Devices
Supersmart Cellular
The Y2K Play
Freebies Galore!
The Morphing of Intel
Microsoft Warning

Some highlights of the article:

"AOL is expected to generate $3.8 billion in revenue and $300 million in profits for its fiscal year ending in July"

It talked about their AOL Anywhere strategy...

Talked about AOL TV...

"AOL's biggest challenge, industry and Wall Street analysts say, will be to retain customers who seek faster Net connections."

The article stated a research study was done last year with 1000 people. They asked the people "Imagine being marooned on a desert island. You can bring a TV, a working telephone, or a computer connected to the Internet. Which would you choose?"

67 percent opted for the computer with Internet access...
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