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

To: Keith J who wrote (9644)	4/27/1998 4:43:00 PM
From: Sam	Read Replies (1) \| Respond to of 13594

Monday April 27, 3:49 pm Eastern Time AOL comfortable with $0.12/shr for Q3 SAN FRANCISCO, April 27 (Reuters) - American Online Inc. chief financial officer Len Leader said that he is comfortable with current Wall Street consensus estimates of $0.12 a share for its fiscal third quarter, excluding charges. Leader told a Hambrecht & Quist Technology conference that he is also comfortable with Wall Street forecasts of $567 million in service revenues and $115 million in other revenues for the third quarter. AOL will report fiscal third quarter earnings around May 6. Leader also said that AOL plans to continue making investments in Web-based properties, content functionality and programming. He declined to specify how much AOL is spending. He also said that AOL sees the online services business moving toward more premium pricing, like the cable industry or airline industry, where customers pay more for premium services, but he declined to be more specific. AOL recently raised its monthly subscription rates to $21.95, up from $19.95 previously. S.