your investments have made it thru this storm.
Talk about a shakeout! Quite amazed at the number of
fund managers who are now jumping on ship. Good to
see. Best of luck to you. P.S.-Forget the TA gurus on
SI,Ragingbull,etc. Your posts are more informative and helpful than
any of their clairvoyant attempts. Thanks again.
confederacy of dunces, because you appear to be a
member. Perhaps there is also a confederacy of
intelligent people. You might want to consider the
possibility. I bought puts on AOL in the 140s, they have paid
handsomely. How's your stock done? Enough said.
My understanding is that the max shares AOL can have without a request to the FCC and their shareholders is 1.6B. They already have about 1B. So the only split could be 3 for 2. Is that right?
They make billions of dollars a year on minimal
capital. Their return on invested capital and gross
margins are phenomenal. AOL is not bad, don't get me
wrong, but if you really get behind that numbers,
particularly the accounting for promotion and advertising
expense, AOL pales in comparison. Sure a lot of moms and
pops on their AOL site bid up the stock based on
internut hype, but this is not a long-term recipe for
success. I don't use a free version of windows, but I do
use a free portal and an ISP that charges $5.99/month
(IBM). That's the reality.
Im looking into rumors on Netscape buying eSoft
or realted info in eSoft...PLEASE post all replys to
adress below. This AOL board is crazy to follow.
not sure if you have to join or not to post...please
its a YAHOO club.
Unless AOL can really challenge and defeat MSFT
via its NSCP subsidiary, this is a $30 to $50 dollar
stock, TOPS. Not quite certain we are there yet. MSFT is
a formidable competitor with the best brains in the
business. AOL is a great marketer, but has not shown that
it can generate proprietary software that can
command monopoly prices like MSFT. Until then, an fading
ISP business and average portal for pay is NOT worth
100 billion. Sorry to be the bearer of bad tidings.