AOL Stock One Week Later: Flat Is the New Up

December 18, 2009 at 6:00 am PT

If you had bought $1,000 worth of AOL stock back in 1992, your investment would have gained close to 15,000 percent–yes, 15,000 percent–just three years later.

That was not quite what happened this week for the iconic Internet company. It opened trading in its latest debut on the New York Stock Exchange on Dec. 10 at $23.67.

Yesterday, seven days after its execs rang the bell and spun off from Time Warner (TWX), AOL (AOL) shares closed at $23.36.

In other words, pretty much a wash so far!

That’s actually not such a bad thing, since many had expected AOL stock to fall more significantly after it went out.

Apparently, investors are still in that “Show Me” state CEO Tim Armstrong described last week in a video interview with BoomTown.

And, until he does show us, here’s that chat–along with a tour of the AOL HQ in New York:

Tagged with: AOL, BoomTown, digital, financial, Internet, interview, investor, Kara Swisher, New York, New York Stock Exchange, share, stock, Tim Armstrong, Time Warner, tour, video

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samharrison

AOL grew by mass mailing sign up disks to every household in America. Those were the days of dial up and 9600 baud modems.

Today AOL has no advantage in any area. That's something Tim needs to think about: what is AOL *today*? why would anyone use AOL *now*?

Revolution in innovation is needed. Fresh thinking. Extremely fresh.
http://www.level3securities.com investor relations

AOL became a giant very fast, because in the early dawn of the internet, AOL was the dominate “ISP” provider, thereby enjoying hegemonic domination over the ISP market for several years, but as the old saying go's what go's up must come down.