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Technology Stocks : America On-Line: will it survive ...?
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To: yard_man who wrote (7135)2/9/1998 2:21:00 PM
From: Jason Cogan  Read Replies (2) of 13594
 
Barry and all:

Here's what I'd like to know. Let's say all the pessimists are wrong, and the stock is not poised for a fall. I'd still like to hear the bullish case that argues for an additional $1.2 billion of market cap today, and another 1.2 billion in the last week.

What are valuation numbers? If someone is buying at 106 (and large numbers are), then that means they believe 140 or 150 is achievable in the mid to short term. What about AOL justifies a valuation above $20 billion. Is there a good bullish argument, in terms of revenues and eventual earnings, that can be made?

Regards,

Jason Cogan
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