America On-Line: will it survive ...? Message Board

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

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To: Kerry Phineas who wrote (10039)	5/17/1998 12:56:00 AM
From: Edmund Lee	Read Replies (2) of 13594

Those who long, get out while you can! You don't have to be an expert to figure out this stock is a high flying balloon on the verge to blow-out carrying a lot of investor down with it. The P/E ratio is well over 400 and an earning of 20 Cents per share (in credible for a ninety dollar stock). IMO internet will soon be replace by cable unless there is a break through in speed in the near future. The only reason people doesn't turn to cable now is because of the price. As with any commodity, price will come down if there is an increase in the number of users. The whole market is over value and is due for correction. AOL may be the fuse.

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