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Wall Street analysts simply don’t believe in AOL’s media strategy<\/a>, and many are recommending that investors only buy AOL on the merits of its dial-up Internet service provider business, which still throws off tons of cash each year.<\/p>\n The WSJ’s Martin Peers<\/a> isn’t even that optimistic. He suggests that AOL isn’t cheap compared with its ISP competition.<\/p>\n Given the latest restructuring, which involves $200 million of charges likely to be taken mostly next year, [Sanford C. Bernstein analyst Michael Nathanson’s] estimate of about a 25% drop in Ebitda to $743 million in 2010 seems reasonable. That means AOL is trading at 3.4 times 2010 Ebitda. That isn’t cheap compared with the other two publicly traded dial-up providers. Earthlink<\/a>‘s valuation is 2.6 times and United Online<\/a> is at 3.5 times.<\/p>\n Continue reading at the WSJ ><\/a><\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Wall Street analysts simply don’t believe in AOL’s media strategy, and many are recommending that investors only buy AOL on the merits of its dial-up Internet service provider business, which still throws off tons of cash each year. The WSJ’s Martin Peers isn’t even that optimistic. He suggests that AOL isn’t cheap compared with its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-59453","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/59453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=59453"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/59453\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=59453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=59453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=59453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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