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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (24633)	7/1/1999 9:33:00 AM
From: Mike Torrence	Read Replies (2) \| Respond to of 41369

Guess which stock leads the list of 10 on the Lehman Bros. uncommon value list. AOL. Just reported on CNBC this AM.

To: Vendit™ who wrote (24633)	7/1/1999 5:29:00 PM
From: t36	Read Replies (1) \| Respond to of 41369

here is an article you all might enjoy... > * America Online has been selected as one of Lehman Brothers' 10 Uncommon > Values for 1999. > > * Concerns about America Online's position in a broadband world have > placed a > drag on the stock. Like prior competitive threats, such as AT&T's and > Microsoft's entry into the market and the introduction of flat-rate > pricing, > fears are overblown, creating a great buying opportunity for America > Online > stock. > > * We have seen repeatedly that consumers buy brand and convenience-and > America Online offers the best of both. The company's proprietary content > and services generate more than 47% usage, yet direct Internet access > comprises only 14%, indicating the value of America Online's programming. > With an unparalleled base of 19MM members, America Online will be a major > player in any future Internet market. > > * America Online's summer roll-out of broadband DSL services will help > alleviate investor concerns. In addition, new products--such as an AOL > Calendar, AOL TV, and AOL Plus--will further embed the service in > subscriber's daily lives. > > * Our $200 target is based on a sum-of-the-parts calculation. We value > America Online's base subscriber business at $118B and its ad/commerce > revenues at $112B. After adding in $2.5B for Netscape software and America > Online's cash/investments, we get $200 per share. >