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To: Keith J who wrote (7234)2/9/1998 4:40:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 27307
 
Keith,

That increase AOL did added more than $2.50/share to it's income (assuming the subscribers don't flee). Multiply that by it's current P/S of 5 and you can see where the jump came from today. It's even more extreme if you consider a lot of that may go the bottom line.

XCIT, YHOO, and all are a long way from that kind of income.

If I was short AOL, I'd cover ASAP until the big move is over.