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

To: S. maltophilia who wrote (5753)11/11/1997 12:51:00 PM
From: steve lipson  Respond to of 13594
 
That's why I put the link in there. Frankly, I didn't think the news about AOL's present puny profit margin would be much of a revelation to anyone on this thread. Who knew.



To: S. maltophilia who wrote (5753)11/11/1997 12:55:00 PM
From: jeff c.  Read Replies (3) | Respond to of 13594
 
Thanks for all the info guys and gals! It appears to me that the upgrade fizzeled out pretty early.....yet I have noticed there is always this "last 30 minute buying spree"...Is this stock that easy to go to bed with?
j



To: S. maltophilia who wrote (5753)11/11/1997 1:50:00 PM
From: Todd Daniels  Respond to of 13594
 
>>AOL also said that it began charging refunds and other credits
>>related to online services against other revenues instead of
>>online services revenues.

'More conservative' HA! What they admitted is that they'd been
inflating ad-commerce by booking credits refunds against online
service revs which everyone knows are unprofitable. Clearly the
SEC and AOL's accountants forced this change. What AOL had been
doing was not GAAP compliant.


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