America On-Line (AOL) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gpowell who wrote (36149)	12/30/1999 10:59:00 AM
From: Joe S Pack	Read Replies (1) of 41369

gpowell, Thanks for your clarification. Your point about whether AOL valuation needs to be clipped, is a very general question. Of late, there is no concept of valuation if a stock is in an allegedly hot sector. Is there sanity in a company having P/E of 2000+ or company with 10s of billions of dollars in market cap without any earnings? This is part new economy and new model. If you compare with traditional approach the answer is NO. But it is still not clear what is the new model. Is it some half brained analysts comments, media hype, day traders momentum, MM's manipulation, companies effort to manipulate its stocks through press releases or IPO game. I think it is a combination of all. If we construct a model based on these parameters and find an upper bound then we can have some handle on what the range will be. But we are still evolving and only time will shed some light. -Nat

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next