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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: SeaViewer who wrote (36757)4/27/1999 5:10:00 PM
From: Broken_Clock  Read Replies (2) of 86076
 
<<America Online recorded two previously disclosed one-time events during the quarter. First, the
Company recognized pre-tax gains of $567 million, combining both America Online's and Netscape's
sale of shares in Excite, Inc. Second, the Company incurred pre-tax charges of $103 million as a
result of expenses associated with the Netscape merger and reorganization. >>

Does this mean that aol made 50% of their increased revs from selling excite stock? That would mean revs were really about 6 cents a share....
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