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Technology Stocks : America On-Line: will it survive ...?
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To: Zoltan! who wrote (1567)2/7/1997 10:22:00 AM
From: Roger Brown   of 13594
 
Did anyone see that they are trading @ an astronomical 89 Times Book Value on top of having a Curent Ratio of .61 ($297 MM current Assets/$490 MM current liabiliites)......In effect, one should IMO strive to find companies that can pay off current liabilities....if things go south from here they may have a hard time doing this......Just somethig for AOL stock holders to think about.......By the way, stocks such as Intel, MSFT, and CSCO trade between 7 and 13 times book value and some even say they are overpriced.....If that's the case, then what does one make out AOL to be????
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