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Technology Stocks : America On-Line: will it survive ...?
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To: Sam who wrote (4549)8/20/1997 5:39:00 PM
From: Brent D. Beal   of 13594
 
What's AOL P/E? For all you bulls out there, let's assume that this is a great company and deserves a paltry P/E of, let's say, 70, just to pick a number. With a P/E of 70, then would mean it had nearly twice the growth and earnings prospects of the average Nasdaq stock. What would its share price be? If you find yourself talking about the company's forward P/E, you've just made my point for me. Face it, this stock is way overpriced and I for one am going to enjoy watching it splat.
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