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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Jim Lamb who wrote (28459)	8/21/1999 12:53:00 PM
From: blankmind	Respond to of 74651

Great post about AOL & their imminent demise - and given AOL's support for the Clintonistas & slimy DOJ case against Microsoft, all I've gotta say is that it couldn't happen to a nicer bunch of people

To: Jim Lamb who wrote (28459)	8/21/1999 1:16:00 PM
From: blankmind	Respond to of 74651

Looking at AOL's year end financials on 30 July 1999; & MSFT's imminent assault, the outlook is bleak at best: - 1.1 bill shs o/s - $3.5 bill in cash & investments - $2.3 bill in long term debt - $4.8 bill in revenues for the year ending 7/30/99 - $762 mill in net income for the year - $485 mill loss in 1997 - $74 mill loss in 1998 - eps on fully dilluted basis for '99 was $.60 - stock closed the week at $95; for a p/e of 158 - based on the above, I believe that AOL is a ticking timebomb if MSFT saturates the market with free ISP - Better yet, the #1 PC seller, Compaq, is now offering free ISP thru AltaVista - it's 100% owned sub