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

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To: Skeeter Bug who wrote (8283)2/26/1998 12:58:00 PM
From: SJSharky  Read Replies (1) of 13594
 
Skeeter--

Whenever I talk about "future", I assume "perception" is inferred because everyone predicts what the future holds but no one KNOWS what the future will be 100% of the time. However, to elaborate on my quote below, perception is EVERYTHING (and in AOL's case, you can throw everything else out the window, including fundamentals).

--Ryan


>>the market value of a company comes from how much future earnings potential it has.<<

W-R-O-N-G. it's value is based on what people p-e-r-c-e-i-v-e its future earnings potential to be. real is not equal to imagined. the people have flat out lost their mind on aol. ;-)
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