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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?

To: Kevin G. O'Neill who wrote (2532)	7/4/1998 11:08:00 PM
From: CanynGirl	Read Replies (1) \| Respond to of 10081

Sorry, it's just a reminder that we should be looking for strong revenue growth, subscriber growth, and building the brand for the next couple of years. Great earnings will and should be in the future. Here are some quotes: "What we're really looking for isn't earnings per share growth, which can be fudged by tax-rate or helped by adding back charges, but revenue growth, which can't be massaged. " "Sometimes clean stories don't even have earnings, they just have pure oxygenated growth, which is better than earnings because if they aren't managing the business for earnings, they don't have to worry about earnings shortfalls. " "That's the same way it is with some of the clean stories I have followed. I didn't really care initially whether America Online (AOL:NYSE) lost money, as long as it grew the businesses with a plan to make even bigger money down the road." "in truth earnings aren't the best measure of a company's early growth. " "But the better ones, the ones that execute and pull it off, grow up to be huge stocks that everybody wants to own once they get there. "