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[Baker]

Picked up a small amount of AOL this am for 19.21 for long term buy & hold. This of course is your official signal to go short, lol. more later.

 

[Equity Trader]

On AOL

On AOL

There is little doubt AOL will be a major player, but in the post-merger low of $17+ this past Monday and with lower than expected earnings, there needs to be more of a concentration in subscription growth,which management considered to be their most promising division,has shown less than steller signups..They need to sign deals with other cable companies to carry a high-speed service.It is here where their new found growth will be.In the long run,this merger will in no uncertain terms be beneficial to shareholders equity.....This present share price will not move to their highs of 40+ anytime soon and expect to hold your shares for at least 3-5 for this full merger to take effect..The merger of this size has in the near-term been quite a challenge,but considering their entry in the media fold due to the merger, makes this a sound play at this price..


Have a good day

 

[Baker]

Looks like I picked the wrong day to quit smoking. Right after I picked up my aol it dropped below $19. The good thing is it appears to be gaining some support at the $18 level. Anyway, this is a small position and im willing to hold it thru a decline (within reason..say down to $15).

Equity Trader, thanks for your comments. As dense as i am to fundamental analysis i still can't see this company tanking and don't think the stock will fall much farther.

Lots of potential negatives; e.g. there's been lots of insider selling and other issues such as Equity trader brought up, and ever-present debt/accounting issues.

Here's a brief summary on aol if anyones interested.

AOL-Time Warner, Inc. is the parent company of America Online, Inc. and Time Warner Inc. The Company is engaged in AOL Internet services, cable, filmed entertainment, television networks, music and publishing. For the FY ended 12/31/01, revenues totalled $38.23B, up from $7.70B. Net loss totalled $4.92B vs. income of $1.15B. Results reflect increased revenues due to the Time Warner merger, offset by increased amortization and merger costs.



Anyway, this is far from a slam dunk. caveat emptor