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


To: sam who wrote (19561)6/2/1999 9:20:00 AM
From: James Fulop  Read Replies (1) | Respond to of 41369
 
Interesting post from the RNWK thread that contains some insight into AOL's music and portal strategy...

Message 9899255



To: sam who wrote (19561)6/2/1999 10:23:00 AM
From: robert duke  Read Replies (1) | Respond to of 41369
 
Well lets figure that AOL in the last three quarters have earned .11 .09 and .06 a share. For a 9 month total of .26. I am thinking the will earn .14 or .15 a share this next quarter. Which would put them at about .40 for the year end mid 99. .40 x 300 pe is about a $120 stock price. Then add in the next quarter which is in sept and the earnings really go up.

I have changed all my numbers and reduced my targets for the year to safe numbers with some reason. Although I am still bullish big time.

July 99 $120
Oct 99 $153
Jan 99 $189
Mar 00 $231

This is still great news for all of us.