America Online Reiterated `Strong Buy' at SG
Princeton, New Jersey, April 28 America
(AOL US) was reiterated ``strong buy'' by
analyst Scott Reamer at SG Cowen.
The 12-month target
price is $265.00 per share.
AOL WILL BE $250 BY SUMMER
DLJ UPPED PRICE
TARGET TODAY TO $200.
these posts have been going on
for years and the guys who stayed the course are rich
therefore if you wish to sell go ahead
and you can tell your kids that you once owned AOL
but you sold it and if you hadn't
you'd be loaded
I bought more today at $150
If you took the time to read into the numbers
presented last night, you have to understand why three more
analysts upgraded their recommendations to BUY. .11 cents
3Q vs. .04 3Q98 (three times greater!) Revenues of
$1.3 BILLION (a 66% gain over last years quarter).
DOUBLE the ad revenue-$50 million from Netscape! Sales
and marketing costs down. Operating Margins are 8%
THEY HAVE $2.7 BILLION IN CASH!!!! Warren Buffet
doesn't even have that! They have a strategic alliance
with Bell Atlantic, SBC, for DSL developement. SUN
systems alliance. Possible IBM alliance, MoviePone, ICQ-7
million daily users! 17 million domestic users at $20+
per month (that's $240 million cash flow per MONTH)!
Only 3.2 million international users- CHINA and Latin
AMERICA expansions due this Fall. If someone told you
that McDonald's sold 66% more hamburgers in one
quarter, would you get excited. This is more than a day
play folks. The street does stupid things to itself.
Don't let Money Managers manipulate you into selling
your shares, cause they will just buy them from you.
That's the game. If you saw the program selling at
3:50pm today, you know what I mean. Enough. This is a
strong play up. AOL ain't broke. Just a bunch of MM'rs
scaring everyone. As it goes down, buy more. There is too
much in the pipeline to keep this company ahead for
years! I've never met a SHORT who survived. THEY ALWAYS
LOOSE. Buffet and Lynch understand...buy it and don't
look at it for 6 months and you'll be amazed!
ATHM. Aol's lofty pe is justified by its
continued growth momentum. If you add an element of concern
to that growth, ie., athm customers 66% of the time
terminating their aol service and athm growth expected to
accelerate and thus steal away aol's growth, the stock loses
momentum. Once momentum is lost the stock free falls to its
real value. I don't like this because it hurts athm in
the process but them is the facts o' life. IMHO
some brains and b-lls. Sounds to me like most of
the people on this board don't have either. So please
go ahead and sell your stock so I can buy it. Then
I'll sell it back to you when it soars past $200 per
share by the end of June. Don't quit your day jobs!