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Technology Stocks : America On-Line (AOL)

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To: Marvin Mansky who wrote (25948)7/18/1999 8:09:00 PM
From: robert duke  Read Replies (3) of 41369
 
Well the stock is trading at about a pe of 300 right now and I think this already includes the earnings coming out. Lets say the earn .14 a share this quarter which is still 25% higher than the last. Then the pe if the stock price is 125 would be about 312. So I think we might be at fair value. Now the run up will begin again and bring us towards 150 before the next earnings or maybe even 160 a share.
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