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Technology Stocks : America On-Line (AOL)
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To: DepyDog who wrote (37470)1/13/2000 7:27:00 AM
From: Pruguy   of 41369
 
I finally sold after being in for the better part of the last 2 years....based on cash flow estimates and a genrous premium to the historical combined cash flow multiples, AOL can easily trade down to 45 and get stuck their at their growth rate which shouldn't be any better than 25%....If it were to trade as a reasonable high priced combo of the 2, it will be about 2 years before it gets back to 60
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