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

To: Annette who wrote (32657)	10/13/1999 12:15:00 PM
From: PAL	Respond to of 41369

Brian Oakes of Lehman Bros likes AOL and YHOO: TAUB TALK: Overlooked Net Stocks that Could Double individualinvestor.com editor: Steve Taub 10/13/99 Is Yahoo's blowout third quarter a harbinger of Internet earnings reports to come? You betcha, says Lehman analyst Brian Oakes in a recent earnings preview. He is looking for a number of Net stocks to rack up strong third quarters. And you thought the so-called dog days of Internet useage-the summer months-were bad for these companies. In fact, Oakes writes in a report: 'We expect Net stocks to ride the momentum generated in the third quarter through year-end.' The key to the strong earnings: A pickup in subscriber growth and useage, which resulted in growing advertising and e-commerce sales. As a result, Oakes expect a number of smaller Internet companies to rack up 75% to 100% sequential revenue growth. Pretty impressive considering that he was only looking for 10-20% growth. In his report, Oakes singles out America Online (NYSE: AOL - Quotes, News, Boards) and Yahoo (NASDAQ: YHOO - Quotes, News, Boards) as two of his favorite stocks. That's not the interesting part. Most of the Net set likes these two as well.