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Technology Stocks : America On-Line: will it survive ...?
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To: jhg_in_kc who wrote (11232)9/8/1998 8:13:00 PM
From: Charger  Read Replies (1) of 13594
 
From my point of view AOL is an interesting phenomenon - the whole internet saga is an interesting phenomenon. In looking at earnings (as the biggest indication of a fundamental) it is one of the few that (maybe - depending upon allowable accounting practices) is in the positive earning category. How are stocks to be evaluated nowadays? Gold is no longer of precious value, things we have known to be solid are changing, formats of war are different, maybe the way to judge fundamentals is different too. I was interested to learn that AOL has sold some of its own stock to produce "income" and that it might not be able to do that so easily if the stock price is down. I, personally, think that AOL is something to watch as closely as one watches any baby - catches a little sniffle, better do something, and quickly, about it. Babies survive amazing things and grow up to be healthy, functioning adults, but we still have to make sure they dont fall in the pool and drown.
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