America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Voltaire who wrote (25219)	8/30/1999 3:48:00 PM
From: Haim R. Branisteanu	Read Replies (7) of 41369

Voltaire and all other LTI' s it is about time to learn to read financial statements importance of free cashflow as related to real interest rates fair valuation. It is about time that this speculative bubble end and people realize that a company must turn a profit, that PV or earnings are great only on paper if there are any earnings,P/E should have a meaning and stock valuation do not go to the sky. For all those buying stocks irresponsibly just because they are hype, go up or corporate management "adjust, restates, or what ever" plays with the earnings, well, they deserve to be punished by reality and I will compliment them if all heir savings go down the drain. As they will learn a lesson about risk. The positive part will be that all those LTI's will end up working harder in the real economy not the smoke and dreams of Internet fantasy. Haim

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