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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (1208)4/8/1999 12:55:00 AM
From: Mike Buckley   of 54805
 
Frank,

I'm not going to try to justify [AOL's] p/e >600, but I am enjoying the ride

I think you should look at AOL's valuation more from a subscriber-based view than a PE-based view. Even in that light the stock might be ahead of itself, but not as much as the PE-based valuation indicates.

--Mike Buckley
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