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


To: Brian Malloy who wrote (8187)3/28/1999 8:42:00 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 41369
 
Credit Brian Malloy for this news release snipit:

Any other reasons for your "strong buy" rating on the stock?I have a "strong buy" on America Online because it continues to represent the clearest, most compelling play in the Internet space. With America Online, more than with any other company, we have proof that the Internet is real and will continue to work. They have 16 million subscribers in the United States. I expect that to go to more than 35 million subscribers over the next five years. You're looking at a service that is now significantly larger than the largest multi-media operator in the U.S. You're looking at annual revenues of over $4 billion a year. You're looking at an advertising and e-commerce backlog of over a billion dollars. You see major brands like Unilever (UL) and Procter & Gamble (PG) stepping up to the plate using this as a platform to market their myriad brands. The company is really hitting on all cylinders. It's the strongest brand in the Internet space.

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