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Technology Stocks : America On-Line (AOL)
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To: Manish Aurora who wrote (6335)3/10/1999 11:53:00 AM
From: stock_bull69  Read Replies (1) of 41369
 
Thanks but no thanks for your advise regarding high P/E valuations. I am not and I think I speak for the majority of AOL posters on SI that you cannot use traditional P/E methods to determine valuations. I bought AOL 3 months ago in my IRA and have already experienced more than a double. I also bought more AOL yesterday at $90 in my regular trading account because I felt that it had the best combination of upside potential and vast institutional ownership resulting in less volatility. It was a tough call choosing AOL over CMGI.
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