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


To: PAL who wrote (7819)2/13/1998 12:33:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 13594
 
PAL: >>AOL has the tendency to include deferred revenues for the current quarter to make current quarter looks good, like beating street estimates <<

Good to know I was not aware of this but still noticed. You get an A+. Any contacts at the SEC? Used to work for PG [marketing] and there one prepays advertising and records it as an asset on the BS until used up, at which point it goes to the IS as a cost. I am sure some clients contracted with AOL for ads in advance [i.e., a contract] and the suckers shoved it into the income statement instead of as a short term liability [advertising services to be rendered or something like that]. Finally, the sucker seems to start breaking down [for five minutes that is]. Sucker continues to drop on decent volume. Longs getting out now....
Pancho