America On-Line: will it survive ...? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yikes who wrote (5109)	10/19/1997 11:48:00 AM
From: PAL	of 13594

>> It reminds me of a pyramid scheme. The next one in line for a downline for AOL is Premier Travel, wait for its IPO. I think the lead underwriter is H&Q. (ring a bell?). Going back a couple of decades ago: any new company with Computer as part of the name would dictate a premium price, and its IPO was oversubscribed. Some even suggested that if Kentucky Fried Chicken would change its name to Kentucky Fried Computer, the price of the stock would quadruple. In this decade, anything with the smell of Internet would command high prices. Remember Coleco, Atari, etc? Learning from history, this exhuberance will not last either. PE of over 100 and Brian Oakes keep reiterating of its buy ratings (did not make into a major news item) is just mind bugling.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next