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Technology Stocks : America On-Line (AOL)
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To: RocketMan who wrote (26973)7/26/1999 7:47:00 PM
From: CGarcia  Read Replies (1) of 41369
 
Rocketman, I agree with you...and what people who are concerned by the high P/E valuation of AOL fail to understand is that as the stock continues it's drop in price, earnings continue to climb....I read some post that said AOL would soon be valued 20 times year 2001 earnings...well doesn't that sound like a screaming buy? I mean if we just hold our AOL til 2001, and the P/E climbs back to 500 times earnings, wouldn't that mean AOL would be worth $2,500 a share? Sounds like a stock I wouldn't want to sell...not at this point anyway!
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