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Technology Stocks : America On-Line: will it survive ...?

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To: Gaffa who wrote (9187)4/1/1998 12:42:00 PM
From: H James Morris   of 13594
 
Well I just returned from two weeks in Asia, boy could I see the wreakage there.
Lets see back in the USA, nothing changes, it looks like every 25 year old stock broker continues to put Gramma's retirement account into AOL, If you would have told me 6 weeks ago that its 150 price target was doable, I would have said 'your nuts'. Guess what??
ERICA ONLINE INC(AOL)
Bid: 71 3/8 BidSize: 15 Open: 69 1/4
Ask: 71 7/16 AskSize: 35 Close: 68 5/16
Last: 71 7/16 High: 71 5/8 Div.: 0.00
Change: +3 1/8 Low: 69 3/16 Yield: 0.00
A.High: 69 7/8 P/E: 273.25 Volume: 2768200
A.Low: 20 5/8 EPS: 0.25
At a P/E of 273.25, now doesn't that scare the shit out of you??
I feel so sorry for Case having sold his 1/2 mil shares @60.
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