America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: TQR who wrote (11051)	4/16/1999 9:45:00 PM
From: Technician	Read Replies (2) of 41369

last year AOL went up 600% plus, this year it is up more than 100%, it has split twice within a short time frame and has a market cap that's fanatastic, lots of money has been made in AOL, anyone who thinks that the same will be repeated again and again is dreaming, MSFT is also a INET stock with 9 billion in hard cash and has a PE of around 70, other INET stocks might have huge price moves but they don't have anywhere the market cap of AOL. AOL will keep going up over the long haul and it is extremely healthy for it to get its PE knockd down by another earnings and a correction to 100 or so, that will create room for another 50 point move but in the short term I do see it trading at 100.

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