Flutterby™! : Ninety-nine billion

Next unread comment / Catchup all unread comments User Account Info | Logout | XML/Pilot/etc versions | Long version (with comments) | Weblog archives | Site Map | | Browse Topics

Ninety-nine billion

2003-01-30 20:42:59+00 by Dan Lyke 3 comments

You've already seen that AOL lost $99 billion last year. That's a little less than twice it's current market cap. I'm trying to make sense of this, and I can't. I guess I need to sit down with my financial analysis books and figure out just what those shrouded numbers are trying to tell me.

[ related topics: Business New Economy moron Currency ]

comments in ascending chronological order (reverse):

#Comment made: 2003-01-30 21:44:05+00 by: meuon

It's telling you that their business model has failed exploiting the new paridigm to capture sticky eyeballs into creating high margin impulse click-to-buy revenue streams from paying content providers commingled contiguously with other content created to maximize advertising potential from paying content providers.

#Comment made: 2003-01-31 00:17:52+00 by: Larry Burton

It's telling you that Netscape is going to be looking for another home.

#Comment made: 2003-01-31 14:38:08+00 by: ghasty

and they lost Ted, too...