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Technology Stocks : America Online A good short now????

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To: Dell-icious who wrote (33)7/31/1998 12:22:00 AM
From: Edmund Lee   of 34
 
I don't know what to comment about a stock that have a P.E. ratio over 400 except what I have said in 2 of my message on this subject. I never really make big money in stock market in the past 25 years before and after I retired at the age of 45, ten years ago. I never see a stock that goes up and never come down. I do see a number of stocks that go up fast and come down even quicker and harder. I know that no body cares about P/E in a bull market which I have see a few. In a bear market (will come so unexpected by the majority) ,AOL is too expense even at $25 and that is even before the stock splits. There is a dealer in this stock right now (just like in a card game) He or they control the game and believe me there will be blood everywhere when he cash-in (his average is properly very low).
Basically the stock market is not a productive market. Somebody win while somebody will lose the same amount.
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