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

To: RocketMan who wrote (4810)2/10/1999 1:28:00 PM
From: Steve Robinett  Read Replies (2) | Respond to of 41369
 
Rocket,
Interesting post. Consider what that Miller guy's comment really means.
You say that Bill Miller of Legg Mason said AOL could have an operating margin of 30 to 50 percent within 10 years and that its stock could quadruple by then.

This guy must be really bearish on AOL. If AOL quadruples over 10 years to about $600/shr, that's only about a 15% compounded growth rate, much slower than the current growth rate.
Best,
--Steve


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