AOL, now I get it Message Board

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Technology Stocks : AOL, now I get it

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To: yard_man who wrote (328)	1/21/1997 9:47:00 PM
From: Jinping Shi	of 496

Those Solomon or Morgan Stanley analyst usually go by industry first, then pick the ones which are most promising within the industry. I feel they have a different approach from us small investors. Some guy phrased it as "projection" in contrast with the value-oriented approach. Mutual fund managers usually go with this industry,then best-in-industry philosophy mainly because of their long term standing. I expect AOL will come back to $34 before June and think it is a good time to buy then. To short at high is not my taste. If the market corrects by 10% or so sometime in the first half of the year, we can expect AOL to be back to $27. If AOL goes up to $50, it is likely go to $60 too, who cares about the earning at that level? BTW, CEXP has a P/E of 500 according to Yahoo, as of today. Crazy? -- Jinping

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