America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Dennis J Baltz who wrote (660)	12/31/1998 11:43:00 PM
From: robert duke	Read Replies (1) of 41369

Well who know? I certainly don't know what to do. The PE is like 475. Earnings must be leaking out to be fantastic. I for the fiscal year 99 this stock earns .55 per share with a 300 PE the stock should not be higher than 165 per share between now and may. I would like to see earnings come an go without the stock moving higher. Why? Because the PE needs to drop a little. We will see this in 99 #1 2-1 split in january. earnings of at least .50-.60 per share for 99 4qrter. possibly .55 by xmas of 99 and a stock price of 140 again if not another 2-1 split. We do need a break in the stock. Just for a month.

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