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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: IKM who wrote (5178)10/23/1997 2:03:00 PM
From: Sam  Read Replies (1) | Respond to of 13594
 
Most likely AOL will drop. Meeting estimates is already built into the stock price. Beating the whisper is key. Like I said before, don't fight the tape - individual investors always lose that way. Of course, this is just IMHO.

S.



To: IKM who wrote (5178)10/23/1997 2:06:00 PM
From: Scott Smith  Read Replies (5) | Respond to of 13594
 
Why does everyone think that AOL is so expensive?? It trades at less than 3X 1998 revenues, compared to YHOO which trades at 23X revenues - even if we just look at AOL's commerce revenues, it trades at half of YHOO's multiple, implying that the entire network business is worthless - yet AOL still has 8-9M people paying $20/mo!! - with the proliferation of all these cheap PCs, AOL's sub #s could skyrocket. - even NSCP trades at 4x 1998 revenue estimates