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

To: Bald Man from Mars who wrote (25907)	7/18/1999 12:14:00 AM
From: puborectalis	Read Replies (2) \| Respond to of 41369

The sectors leaders were mixed with America Online Inc. (AOL) losing 1-7/64 to 119-57/64. AOL is among the companies reporting next week. In his weekly Web report, BancBoston Robertson Stephens' Keith Benjamin said he believed AOL is poised for a rise as the company continues its efforts to make the service available on a variety of platforms. He expects AOL to add 750,000 members in the quarter and for electronic commerce revenue to beat estimates. "We believe AOL will continue to control more shopping than anyone else because it has more time to incite impulse buying," he wrote. Benjamin also said investors have been missing the impact AOL's combined reach will have on its growth and profitability. AOL's powerful metrics, Benjamin said, will help the company in its efforts to gain access to cable networks. Analysts expect AOL to earn 11 cents a share, up from 6 cents a share a year ago. Sales are expected to jump 70 percent to $1.34 billion.