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

To: John Kratus who wrote (6028)11/18/1997 9:28:00 AM
From: Steve Robinett  Respond to of 13594
 
John, The $17 per subscriber comes from Steve Case, AOL's CEO, interviewed yesterday on CNBC.

The other interesting number Case mentioned was earnings. He said AOL was comfortable with $.75-$.80 a share for the year, giving them a modest p/e of 100. Still, I do think Wall Street loves AOL as brand name internet play. My guess is up for a while, somewhere around 80 first, then into the low 80's, say, 84, about where it was ahead of earnings.
Best,
Steve


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