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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (3230)2/14/1998 7:01:00 PM
From: Wallace Rivers  Read Replies (1) of 78602
 
I guess I have never had the need or desire to use AOL. My 15 bucks/month gets me 90 hours without AOL's bells and whistles - don't need or want them.
Though I will agree with you that there are not unlimited barriers to entry, this certainly is not the one way toll bridge our friend Mr. Buffett looks for. And, at 100+ times earnings, this stock is ridiculously overVALUEd.
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