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Technology Stocks : RealNetworks (NASDAQ:RNWK)
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To: volatile1 who wrote (475)4/3/1998 2:20:00 AM
From: craig crawford  Read Replies (2) of 5843
 
<< Here's my take...if the markets begin to turn down, which is looking more likely, the smart short money should be on YHOO, AMZN and especially AOL. Who the hell can come CLOSE to justifying a 500+ P.E. ratio!?! >>

I can't speak for AMZN, but remember, YHOO and AOL are profitable. How can you make fun of their PE's when RNWK doesn't even have any profits?

IF RNWK earned 1 cent per share in the last 12 months it's PE would be 3700. How can you make fun of YHOO and AOL's PE's when RNWK has a PE more than 3700?? I realize some people are going to get technical and tell me that RNWK doesn't have a PE because it needs earnings but you get my point. If we were generous and reversed RNWK's loss and gave them one cent in earnings that's what their PE would be. But they haven't even earned 1 cent.
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