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Technology Stocks : America On-Line: will it survive ...?
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To: Sam who wrote (4975)10/9/1997 9:23:00 AM
From: jack rand   of 13594
 
>>Another deal, another million.

And no doubt worth at least another $100 million of market cap.

That's the point. Much more than all deals to date long ago
were factored into earnings estimates and reflected by valuation
of the stock. But the valuation continues to sprint far far ahead
of the reality -- including the actual pace and price of deals.
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