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


To: Sam who wrote (9651)4/28/1998 1:06:00 PM
From: Keith J  Read Replies (2) | Respond to of 13594
 
Well, I made the call to cover my short today. That's not to say I'm going to go long at this point, but will wait to see what happens with the earnings report. Below is a blurb from CBS Marketwatch:

<Assessing the company's share price, Leader said the company's projected U.S. membership of 14 million for the coming year alone would suggest a value of $87 a share. He valued the company's advertising and online commerce revenue at another $50 a share. International membership adds another $7.50 a share, and the company's investments and cash are worth $5 a share, he said.

That adds up to $149.50 for AOL shares. Whether it'll add up for shareholders is another question.>

KJ



To: Sam who wrote (9651)4/28/1998 9:04:00 PM
From: jack rand  Respond to of 13594
 
Note that the DLJ analyst is the AOL super bull who moved from Cowen.