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

To: jack rand who wrote (9667)	4/29/1998 2:29:00 PM
From: Robert Lawkins	Read Replies (1) \| Respond to of 13594

This is comical. AOL is comfortable with the quarterly estimates of $0.12. Sure, when you can amass "charges" for twice the amount of "earnings" you can be comfortable with whatever they say. R & D, and restructuring AOL studios? What does Steve Case say, "What number to we have to hit this quarter? OK, let's just put these expenses into "one time charges" and that should do it." The Merrill Lynch analyst didn't even address the severe dilution of all of the convertible debentures outstanding. The report should have simply read that it is upgrading it to buy based upon momentum. At least it would have been honest. This is just so comical, yeah, I'm laughing really hard now.