America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: robbie who wrote (41249)	7/27/2002 4:34:09 PM
From: cody andre	of 41369

No, I am not out of my mind (not even with WorldCom stock at zero). If you read my reply attentively, it is a scenario for the "big boys" to buy out AOL assets on the cheap: after all, value is like beauty, in the eyes of the beholder. On a different note: 1) in 1929, at the top, RCA stock (the then-New Era prima donna) was valued at $320/ share; in 1932, it touched $2 or $ 3 per share; 2) Time Warner 7 3/4 bonds of 2005 (rated Baa)are priced at 83 for a YTM of 15.26% (sounds close to junk bond yields). Chill out and enjoy the weekend.

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