SI
SI
discoversearch

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 (AOL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert duke who wrote (25956)7/19/1999 1:25:00 AM
From: Marvin Mansky  Read Replies (2) of 41369
 
Robert Duke: I'll take those prices. Do you guarantee them? When will we see them?

Just kidding. An Internet stock with the acquisitions that AOL has made commands such high PE's. Remember high PE's are granted when earnings acceleration is strong in a company. Earnings acceleration is very strong at AOL.

When a company matures, PE's settle down.

This will not occur at AOL for a good number of years since the Internet is still in its infancy. Look for bandwidth increases, non PC's set top boxes and e-commerce software to grow earnings.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext