SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Edward F. Aboufadel who wrote (4998)10/10/1997 10:37:00 AM
From: Brent D. Beal   of 13594
 
That's because, in my opinion, no rational human being could possibly come up with a reasonable scenario to explain why anyone should be buying this stock at its current price. In order to do so, you'd have to argue that the most rosy scenario presented by the most out-to-lunch bull be multiplied by 2 and then sped up so that it all happens within the next 6 months. The fact that a marketing deal worth a few million can move this stock stays 1 of two things: 1) people buying this stock are just complete idiots with a lot of money to burn, or 2) the people buying this stock are savy momentum investors playing the "bigger-idiot" game. Unfortunately, I believe that latter is the more likely explanation, which means a lot of small investors are going to be left holding the bag on this one. In order to deserve these multiples, AOL needs to announce multi-million dollar deals (preferably with companies that aren't on the verge of bankruptcy that can actually pay fees) on a weekly basis, at the very least.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News