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To: Chuzzlewit who wrote (234)	3/28/1999 5:49:00 PM
From: jhg_in_kc	Read Replies (1) of 419

Chuz, I see you have unburdened your self of a magnum opus on e-tailers. I have downloaded same and will read later. (I have the flu) but what do you think of AOL's valuation currently? It is up 50% since March 5, from 87 to 116 and was as high as 130 before being whacked 10%. I took some short term gains on this ride. I believe you said AOL was already valued as though it had 44 million subscribers on the books but others are raising the issue of satelitte transmission (on the AOL thread) and AOL's P/E is one third that of Yahoo. Have you become comfortable with this stocK? How far do you think it will run? Is this another Microsoft. Tuesday the aol/sunw/netscape alliance announces strategies for the near future, I read recently. Any new thoughts? Does holding AOL long term make you nervous? jhg

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