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


To: J.S. who wrote (10516)6/30/1998 2:53:00 PM
From: vegetarian  Read Replies (2) | Respond to of 13594
 
This time around, the serious buying appears to be coming from mutual funds rather than individuals based on the volume statistic and it will be their time to get burned next.
About, how high a stock can really go up, there is absolutely no limit once we are beyond the bounds of sensibility, which seems to have left the buyers buying Internet stocks long ago; we need only to go back and look at the bullish binge in 1929-33 period.



To: J.S. who wrote (10516)6/30/1998 3:27:00 PM
From: Paul Houle  Read Replies (1) | Respond to of 13594
 
Why do you make your pessimistic subscriber growth statement?

>>In six months AOL has more than doubled. During that
>>time subscriber growth seems to be falling off, ...

Do you know something the rest of us don't?
AOL's quarterly subscriber growth numbers are below.
Do you mean the percentage of growth is down, because the
total subscriber count has grown?

Q ending Growth (thousands)
-----------------------------
March 31, 1998 1,148
December 31, 1997 1,267
September 30, 1997 821
June 30, 1997 600
March 31, 1997 236
December 31, 1996 1,200
September 30, 1996 400
June 30, 1996 700
March 31, 1996 908
December 31, 1995 878
September 30, 1995 714
June 30, 1995 687
March 31, 1995 735
December 31, 1994 420
September 30, 1994 255
June 30, 1994 191
March 31, 1994 181
December 31, 1993 144
September 30, 1993 84
June 30, 1993 57
March 31, 1993 26



To: J.S. who wrote (10516)7/1/1998 12:26:00 AM
From: Scott Maxwell  Read Replies (1) | Respond to of 13594
 
AOL's growth is also endangered by cable modems and other local access innovations which are beginning to penetrate Middle America. These new local options tend to be run by people who don't want users thinking of AOL as their portal. The Big Guys (ATT, Microsoft, etc) will cut AOL out if they can...

I don't know if shorting is a good idea, but when growth slows you could see quite a compression of PE here. If you want a portal stock, buy YHOO.