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Technology Stocks : America On-Line (AOL)

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To: DepyDog who wrote (33274)10/26/1999 6:57:00 PM
From: SOROS  Read Replies (2) of 41369
 
In this market where very few stocks are going up, it's money leaving AOL because Motley Fool says AOL is valued 2-3 years out and don't buy unless you have a minimum 5 YEAR time horizon because anything less and it could bite you. Who wants to hold a stock valued that far out? The stock is only valued at more than its current $116 if you as a shareholder can find someone else that's willing to pay you for valuing it out beyond 3 years. If everyone, including the Motley Fool, agrees that even with the most optimistic projections, AOL is STILL valued 3 years out, why would I pay you say, $150 and value it more years out? Something to think about.

I remain,

SOROS
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