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


To: LindyBill who wrote (7407)3/22/1999 12:26:00 PM
From: Guardian  Respond to of 41369
 
OT: 2 years ago, i raised the same concern about msft and dell and was wisely told that they had plenty of room to grow. i did not believe it and failed to take advantage of their magnificent run-ups. aol is still in its infancy with internet in only 25-30% of homes worldwide, most of which won't see broadband access for 3-5 years. worry about aol in 2002 if no broadband deals by then. in interim, adsl/xdsl will fuel their revenue growth just fine. free internet is a decade away outside the usa, at least in any scale.

also have a friend who is a partner in a railroad who says a colleague of his was in hungary working with eweb and there were aol people there. can't verify for sure, but have no reason to doubt him. eweb just announced the second acquisition in a five country expansion. check the thread. it's a full nasdaq stock (not bb) which trades for about 2/share. i hold 1800 shares on presumption that it will be an acquisition target when the government lifts the monopoly on home access in 2001.



To: LindyBill who wrote (7407)3/22/1999 1:26:00 PM
From: Tradelite  Respond to of 41369
 
AOL price target $180, analysts say
___________________

Barings bullish on AOL
Reuters Story - March 22, 1999

NEW YORK, March 22 (Reuters) - ING Barings said Monday analysts Fred Moran and David Levy raised their price target and profit forecasts for America Online Inc. , saying they expect strong subscriber growth at the Internet service provider.

-- raised 1999 price target to $180, up from $100.

-- raised revenue and profit forecasts for both fiscal 1999 and 2000.

-- For fiscal 1999, revenue forecast moved to $4.15 billion, up slightly from $4.1 billion. Profit forecast raised to $0.36 per share from $0.32. The company's fiscal year ends on June 30.

-- For fiscal 2000, revenue prediction was raised to $6 billion, up from $5.7 billion. Profit forecast increased to $0.54, up from $0.48.

-- Moran said he expects the company to have 20 million subscribers by mid-1999, a million more subscribers than he previously expected. He said if the company were to add 1.8 million subscribers as he is expecting, it would be record quarterly subscriber growth. By 2000, he expects 25 million subscribers.

-- shares, which opened lower, up 3/8 at 119-5/8.

-- "We believe this will set a new floor on expectations for AOL," said Moran in a telephone interview.

-- reiterated strong buy rating.

Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.