America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Mazman who wrote (26432)	7/22/1999 9:54:00 AM
From: robert duke	Read Replies (1) of 41369

Well AOL will earn .60 without trouble. Lets see .16 next quarter then .19 then .21-.22 then ..25. This looks good. And the total for that is about 1.37 a share in earnings over the next 12 months. Even if we lower that to something like this: .15 .17 .20 .22=.74 a share 12 months from now.Which would be about a 50% increase in earnings. And this would seem low. So a 50% increase in earnings should be a 50% increase in the stock price. . Giving the stock a pe of 300 which seems to be the norm around here. This would put the stock price at about 225 a share or so.

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