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


To: Jason Cogan who wrote (12330)12/4/1998 8:42:00 PM
From: TokyoMex  Read Replies (3) | Respond to of 13594
 
Regret to inform ,, that AOL will be added to SP500 very soon as only internet stock ,,,,suggest you cover your shorts,



To: Jason Cogan who wrote (12330)12/4/1998 11:22:00 PM
From: robert duke  Read Replies (1) | Respond to of 13594
 
Nope, I own the stock and love to chat and talk. This stock will work it's way up. It goes like this. Up a lot then a slight correction. The market will stop being bullish after jan 1 2008. Hang on tight.



To: Jason Cogan who wrote (12330)12/5/1998 7:28:00 PM
From: Steve Robinett  Respond to of 13594
 
Jason,
You ask Robert: "Other than bullish optimism, do you have a discounted cash flow model that justifies your price targets? "

Instead of challenging poor challenged Robert, why don't you show us what a smart guy you are and figure AOL's discounted cash flow. That AOL has only shown any cash flow at all this quarter (I get a runrate of $.44 or $.57 a share, depending on how you figure it), shouldn't bother you. That it takes at least two points to make a line shouldn't bother you. You're a smart guy.

I've watched this thread go from mindlessly bearish to equally mindlessly bullish. It is obvious that by any fundamental measure, AOL is ahead of itself, discounted well into the future. Nonetheless, AOL is in the best position it has been in for years. If it can dodge the bandwidth bullet, AOL will be a colossus. Those are the earnings people are buying. In other words, AOL will continue to sell well ahead of its fundamental valuation as long as there are no obstacles to realizing those future earning. BTW, even if you cut AOL's subscriber growth rate to 25% of its current rate, you can make an argument that it will be worth the price it is selling for within a reasonable period, say, five years.
Best,
--Steve




To: Jason Cogan who wrote (12330)12/6/1998 11:43:00 PM
From: Pruguy  Respond to of 13594
 
if yopu e-mail me I can send you a detailed copy of three valuation models to come up with price targets ranging between 100 and 110 in the next 12 months.