[Alsfastball] aol.com subscribers take note

Al Doran aldoran at pmihrm.com
Tue Jul 6 18:04:44 EDT 2004


America Online Gets Clicking
http://www.businessweek.com/

Yes, subscriber rolls are down

Last year, the revival that lifted the rest of the online industry left 
America Online in the dust. Even as a rebound in ads sent 2003 profits at 
rival Yahoo! (YHOO ) spiking 123%, AOL's subscribers jumped ship in droves 
for low-cost dial-up competitors or broadband providers. Ad revenue sank 
40%, to $787 million, and federal investigators continued to probe AOL's 
past ad deals for accounting irregularities. As operating earnings before 
depreciation and amortization fell 2%, to $1.5 billion, Wall Street started 
betting that Time Warner (TWX ) would ditch AOL the first chance it got.

AOL remains a long way from a sustained revival.

END

They forgot to mention: AOL SUCKS!


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