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Technology Stocks : America On-Line: will it survive ...?
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To: Brent D. Beal who wrote (5359)10/30/1997 6:47:00 PM
From: steve lipson  Read Replies (2) of 13594
 
To Brent, who I wish would be more cautious about referring to so many other people as morons and idiots. There may come a day when you wish people would extend you the same courtesy, whether or not you deserve it.

Here is a simple test.

-- Company A(OL) is worth around $8 b to $9 b.
-- Company B is worth $120 b give or take $10 billion because it's been a while since I checked.

Which company is worth more?

Brent says, "Company A because it has a higher P/E."

Then Brent says, "They're worth the same because each one's stock sells for around $70 per share."

Then Brent says, "Company A is a pimple and the world has gone mad if it thinks it's worth even half of what Company B is worth."

How could I have misunderstood your point when you didn't succeed in making any?
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