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Technology Stocks : America On-Line: will it survive ...?

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To: David L. who wrote (5982)11/17/1997 12:45:00 AM
From: Brent D. Beal  Read Replies (1) of 13594
 
***What makes you think that AOL can not have a 6000 P/E. If people have money
and want to buy the stock they will buy it. That makes the stock price go up
regardless of the P/E. If there is some kind of good news on Monday the stock will
go up big***

Please slap yourself upside the head and then go look at the charts of CSCC, ASND, IOM, AMAT, etc.--all stocks that couldn't go down because they "didn't trade on fundamentals". It's not a question of if, but of when. . .
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