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Technology Stocks : America On-Line: will it survive ...?
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To: jack rand who wrote (2011)2/28/1997 9:39:00 AM
From: Joel Sternberg   of 13594
 
>This one I love.

Techwire reports that at the Robertson Stephens tech conference yesterday CFO Leader said "AOL
should have a market cap of $6
billion, or $60 a share, based on a calculation that valued each subscriber at $400, the $1 billion value of
the company's infrastructure, and taking into account the value of advertising and other revenue streams."<

I love how you he can put a $1 billion value on that dubious infrastructure, while not counting the liabilities that were racked up putting it into place.
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