 |
MemeStreams Discussion |
|
| This page contains all of the posts and discussion on MemeStreams referencing the following web page: AOL Falls 15% as Analysts Express Concern Over Ads. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet. |
| AOL Falls 15% as Analysts Express Concern Over Ads by Jeremy at 6:43 am EDT, Jul 26, 2002 | |||
Shares of AOL Time Warner fell 15% yesterday. Gloomy ad sales report and outlook; SEC investigates accounting; six brokerages downgrade stock. Analysts see "even more ominous signs" that future ad sales would be "far worse than previously understood." "If you draw $220 million out of the bank and only put $40 million in, it's not a sustainable business." AOL's online group is now actually shrinking in sales and profits. "[We've known AOL is] aggressive in booking revenue. But any company as large and complicated as AOL has accounting skeletons in its closet." You were saying? | |||
| Link - Reply | |||
