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Tech Stock Valuation
book

Tech Stock Valuation

by Mark Hirschey
June 2003
Intermediate to advanced
271 pages
14h 54m
English
Academic Press
Content preview from Tech Stock Valuation
AOL generates revenue from advertising and online commerce. In late-1999,
such revenues were about 25% of online service revenues but growing fast.
Let us take the optimistic view that AOL will be able to maintain online ser-
vice revenue of roughly $20 per month despite heightening competition. Being
optimistic, let us also assume that advertising, commerce, and other revenue will
soon grow to 50% of online revenues, or $10 per month per AOL subscriber. This
allows AOL to expect total revenue of $30 per month, or $360 per year, for each
of some 22.2 million subscribers. This means that the anticipated annual revenue
from AOL’s 1999 customer base of ...
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Publisher Resources

ISBN: 9780123497048