Chuzz...I will continue reading your posts and those of the others on this thread, but frankly I'm stumped....I'm not sure how to value AOL's future stock price...
It's not just AOL's acquisition of NSCP and the dilution that may come with it, but rather, as in the "Is the glass half empty or half full?" question I would rather focus on the growth income potential the combined two will create instead of the dilutive income point of view.
Clearly I and I assume other investors are investing in AOL's future, and I would have to agree, it will have to be spectacular on all fronts to grow into it's P/E.......That's probably why I will not be buying any more shares than I already own (of course they will double soon).....I figure I have enough shares to warrant a decent investment or speculation in their future.
BTW, for as long as I've been invested in DELL and followed the DELL SI board I have heard about DELL being overvalued many times...It doesn't seem to affect the price any.....I think it's because DELL delivers, from Q to Q and Y to Y, and investing early in DELL has made many people quite wealthy.....Actually, an early investor in AOL would also be quite wealthy by now as well.....I think I have been invested long enough, and at a low enough price that there really isn't much risk left...If the fundamentals, or even the stock price, decline dramatically it has been a good investment for me.
I'm hanging in there for awhile longer, probably quite awhile.....George |
