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Technology Stocks : America On-Line: will it survive ...?
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To: Zoro who wrote (2059)3/1/1997 10:21:00 PM
From: Harry Larson   of 13594
 
>Bill Miller is a sophisticated, very bright fund manager whose value
>approach to investing has consistently brought excellent returns.

Obviously.

Doesn't necesarily mean he understands the online biz tho.

What I don't get is how AOL squares with his stated methodology:

"In searching out undervalued shares, Miller looks at a variety of
factors, including a stock's price-to-earnings, price-to-book and
price-to-cash flow ratios, as well as what the company would sell
for in the private market."

It will be interesting to find out if LM is in fact adding to its
position.
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