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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (13305)4/27/1999 8:12:00 PM
From: Boplicity  Read Replies (1) of 41369
 
Vendit or anyone else. The below is from CNET.

<<Driving that growth was a 94 percent increase in advertising and
"The majority of AOL's profits are derived from its advertising and commerce revenue, so strong sequential growth in this line is critical to the long-term growth story," Henry Blodget, an analyst with Merrill Lynch, wrote in a research note. commerce revenues to $275 million from the like quarter a year ago

He also noted that AOL lost some of its market share for advertising and e-commerce to competitor Yahoo last quarter.

AOL recently noted that its subscriber base had grown by 1.8 million new members in the quarter, giving the company a total of 16.9 million members. Analysts had expected AOL to report about 1.7 million new members. >>


I like to see his numbers to back that statement in bold up. Has anyone else see this reported before? Not that it's a big deal since the pie is growing ever so large, but something to watch as the e-commerce and advertising on the net mature many moons from now.

For the complete article go here.

news.com

Greg
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