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


To: Investor-ex! who wrote (6221)12/6/1997 12:28:00 AM
From: S. maltophilia  Respond to of 13594
 
<<either AOL makes sense as a business or it
doesn't.>>
It probably does make sense as a business--a nice little $500 million net worth business (eventually),pumping out profits of, maybe up to $100-200 million annually (so say the analysts!) in good years. There'll be plenty of competition keeping the profits below monopolistic levels, but unless they do something extremely stupid, they will continue to exist.

In other words, just another company whose stock ought to be worth $1-2 billion. If you buy a ~1/100,000,000 stake in this outfit and pay ~$80, I think you are paying too much.



To: Investor-ex! who wrote (6221)12/6/1997 1:43:00 AM
From: Steve Robinett  Read Replies (1) | Respond to of 13594
 
Ex, Sounds like we all agree on that one, "research" is a sales tool for brokers. On the other hand, it can work for you, too. When everyone on Wall Street is down on something, there's often a potential bargain, e.g., AMAT recently, perhaps even Western Digital (WDC). Currently, AOL's grunting and groaning in its attempts to get past $85-86. Next week should be interesting.
Best,
Steve