SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Frank who wrote (170)12/29/1998 6:03:00 PM
From: Bonnie Bear  Read Replies (5) of 41369
 
I don't think too much about switching from my local public utility, either. But if I model this puppy like a utility using very generous earnings and sales forecasts, and use valuation models like the rest of the utility sector, I get a price of $10 a share.
It's interesting to look at a historic chart of the DOW utility index.
Utilities, like AOL, were bid to fantastic levels in 1929. It has taken nearly 70 years for the utility index to double, and the index lost 95% of its value in the great depression.
So if you want to keep AOL to hand down to your great-great-grandkids, it might be worth something someday. But I think there may be better places for the money during the next 70 years. %-o
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News