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

To: Jacky AY who wrote (8004)	2/19/1998 7:24:00 PM
From: SJSharky	Read Replies (2) \| Respond to of 13594

Jacky-- You are correct...the stock price has no risk figured in. That's the reason why I am baffled at its current valuation. I don't see the type of growth they have experienced in the past, especially due to the price increase. It now remains to be seen if they can grow their advertising revenue source as well as they have increased their subscriber base. And with rising usage, I see BTL expenses increasing to offset some of the growth. But as I have said in the past, the street is so much in love with this stock, it will probably take some bad press to send it downward. --Ryan