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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (1354)	1/4/1999 6:11:00 PM
From: Frank Ellis Morris	Respond to of 41369

I don't know if you saw this but I found this to be interesting news about AOL NEW YORK, Jan 4 (Reuters) - Media and communications sector revenues rose 12.3 percent, the fourth consecutive double-digit increase but lower than the previous year, according to the 16th Annual Veronis Suhler Communications Industry Report. According to the report, released Monday, 1997 revenues were $227.5 billion, with consumer online services up 47.4 percent to $3.8 billion. Operating cash flow grew 18.1 percent, compared with 14 percent in 1996, the report said. The improved cash flow is a result from the 1996 record breaking mergers, according to the report. The report tracks 469 publicly reporting companies in 13 industry segments - television broadcasting, radio broadcasting, subscription video services, entertainment (film, music, interactive), newspaper publishing, consumer books and consumer magazines, online, business-to-business communications, publishing, business information services, advertising agencies, and specialty media.

To: RocketMan who wrote (1354)	1/4/1999 6:13:00 PM
From: BomboochaBoy	Respond to of 41369

>> Tax selling is not going to affect AOL and not affect YHOO, EBay, and the other high flyers even more. << As for the story, well, I take it with a grain of salt. Not everything in the media about AOL is going to be peaches and cream. IMHO, if there ever was a hold, AOL is one of them. I'm still expecting more profit-taking as we've experienced lately. The buying pressure from funds won't wane a lot, though. If AOL stays put for a while and bases at 140-160, I'll be a contented little pup. I think world events and their effect on US markets will have a greater effect on AOL's stock than anything else, barring a breakdown in the partnerships with SUNW and NSCP. As for AMZN and YHOO falling...it's hard to gage, but earnings numbers are looking good on a superficial level at this point.