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

To: Muizz M. Kheraj who wrote (5566)11/6/1997 6:14:00 PM
From: Harry Larson  Respond to of 13594
 
Read the press releases.......

>>I only see a comment referring to ad expenses being down...not the >>revenue.

11/06/97 America Online Reports FY98 First Quarter Net Income
of $19.2 Million
"advertising and electronic commerce revenues amounted to
$68.2 million****"
-----------------------------------------
08/07/97 America Online, Inc. Reports FY97 Fourth Quarter EPS
"with other revenues growing nearly three-fold to $90.1 million.
Of these other revenues, advertising and commerce revenues climbed
415 percent from fiscal 1996's fourth quarter and also reflected a
47 percent increase from $54.6 million, as restated, in the third quarter.

$54.6 * 1.47 = $80.2m ***



To: Muizz M. Kheraj who wrote (5566)11/6/1997 7:09:00 PM
From: IKM  Read Replies (1) | Respond to of 13594
 
Advertising and electronic commerce revenues amounted to $68.2 million; Lehman analyst Brian Oakes had projected $100 million yesterday, part of the reason for the run-up. And probably part of the reason for the fall in after hours.


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