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Technology Stocks : AOL, now I get it

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To: yard_man who wrote (279)1/20/1997 6:17:00 PM
From: Allen Plyler   of 496
 
Well Barry, I guess to answer the question of how far it can go on
fluff, probably 15-20% over its all time high.

But the story is going to probably change at some point. The driving
force right now is the number of subscribers and growth. Everybody
is going to make an assumption on the growth and therefore forecast
the earnings. Since there aren't any earnings, and outside of some
surprise in 97, the stock is trading at some distant dream state.

Maybe we'll all benefit when the market wakes up.
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