help me. Anyone got the instinet quote for AOl? This is the best message board on Yahoo. The longs here support each other. I must admit, you longs are cool.
I heard that the IPO for Log on America (LOAX) on
National NASDAQ will come out today (Wed.) or Tomorrow
(Thurs.). I looks like a hot one. For more discussion visit
its messages under yahoo msg boards - ipo- LOAX. Here
is an excerpt from an earlier message of mine
This message is to all my investor friends out there
in cyberspace. I feel it is important to write this
message because I've noticed that these boards are great
venues for people to talk about stocks and share
knowledge. However, do your homework too. For these boards
are all "hearsay." Base your decision on whether or
not to buy on the proper mix of hearsay and facts.
For more facts about LOAX "Log on America" I
recommend that you visit the following websites:
When you get to these
sites use the search key to look up "Log on America"
These sites provide valuable facts about the
Here are some facts I've learned through my
Fact 1) The company is a strategic partner with Cisco
Systems and Nortel. Also, LOA has Shastri Divakaruni and
David Robert on its board of directors. Mr. Divakaruni
workes at Cisco Systems as a Director of at least two
key divisions, including Director of Service Provider
Marketing and Director of Broadband Fixed Wireless
Engineering. Mr. Robert has worked for Northern Telecom in
various capacities, including Software Systems Engineer,
Product Marketing Specialist, Sales Manager and,
currently, VP of Sales for Nortel Major Accounts. (My
opinion: The fact that LOA is a strategic partner with the
two technology powerhouses shows that they are moving
in the right direction, have access to cutting edge
equipment and is poised to grow by leaps and bounds. Also,
the fact that both Cisco Systems and Nortel have
management on LOA's Board of Directors shows their support
and belief that LOA is the perfect company to be
involved with. The fact that these companies are willing
to invest their time, energy and key management in
LOA, makes LOA a good investment to me.)
2)LOAX's vision appears to be to build a highly
sophisticated network for phone, internet, video, audio, and
cable TV programming throughout the North Eastern
United States. They appear to be well on their way and
with the funds received from the IPO and the backing
of Cisco and Nortel this should progress rapidly.
They already have been approved in RI as an authorized
CLEC. For more info on these aspects see
www.freeedgar.com. (My opinion... This is the right strategy and the
right goals for this type of industry)
I started with 700 share on july 1998. and I buy
more when I have chance like 400 0n august,300 on
oct.,450 on jan99,1800 on jan.99,1800 on jan99,1000 on
late jan99,1000 on mar.99,2500 on apr99, I started
700share x $115 =$80,500 now I own 15000 share I think
it's going to be 30,000 soon stock price will be up
and down but number of my stock will go up oneway!!
My margin is $900,000. I wish you luck!!!.
I totally disagree with your math...READ this, go
to sleep, then buy AOL in the morning...
historic event occurred in the life of the Internet today,
with America Online eclipsing IBM in market value for
the first time ever. With the passing of that
milestone it's time to take another look at a quick "pieces
of the whole" AOL valuation.
component to the whole is America Online's traditional
dial-up service business. Between AOL, Compuserve, and
AOL International there are approximately 19 million
members. Comcast's recent acquisition of cable giant Media
One valued each subscriber at over $5,000. We believe
that a cable valuation is a fair comparison for this
segment. Each business counts on a steady stream of cash
flow from subscribers, with additional revenues from
advertising sales. AOL's advertising potential is much vaster
than a cable network, thus justifying at least a
$7,500 per subscriber valuation. Valuing America
Online's dial-up services at $5,000 per subscriber yields
a segment value of $142.5 billion.
piece of the America Online empire is the AOL family of
sites. AOL.com ranks number one on Media Metrix's
rankings, and Netscape Netcenter ranks #7. Comparable sites
for each of these properties include Yahoo for
AOL.com and Excite for Netcenter. Current market caps for
Yahoo and Excite are $44 billion and $7.5 billion.
Adding these values together gives America Onlines's web
sites a $51.5 billion valuation.
is America Online's fastest growing property: ICQ.
ICQ is actively used by around 5 million of its 25
million subscribers. Valuing each of these users at
$3,000 yields a value of $15 billion.
A pieces of
the whole suggests a current valuation of $209
billion for America Online. That's $204 a share, and not
at all unthinkable.
It sounds amazing that people are now waiting for
earnings reports from AOL and other internet stocks when
valuations are based on NO EARNINGS.
Do you want a
FAIR market value on the stock? Here it is:
AOL Growth 50% per year (too high especially when
other competitors are already jumping in, i.e MSFT,
ATHM, etc.) but let's assume it for now.
S&P500 stock PE say 30. Assume a very optimistic growth
of 10% for average stock in next 5 yrs.
say AOL should be at 5x30=150 PE .
today's PE is 530 and stock is at about $130.
find fair value adjust to the lower PE and price, and
you get (150/530)x130=$37 per share.
leads us to a market value of 35B for AOL which is more
realistic than anything we have seen lately.
share = FAIR AOL VALUE TODAY 4/21/99.