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Technology Stocks : America On-Line (AOL)

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To: robert duke who wrote (11099)4/17/1999 12:46:00 PM
From: ChinuSFO  Read Replies (2) of 41369
 
<<..... But I think this stock need to sit between 135-155 for a month and let that pe to cool a little. I think we will see 200 by the end of the summer and on to 300 by the end of the year.>>

Robert, holding steadfastly on Internet stock valuation based on PE will make you a member of that community that has missed the boat. Internet stocks such as AOL (the Internet "Microsoft"; sorry Steve Harmon, we knew that already) cannot be evaluated based on PE alone at this stage of the Internet technology evolution. I certainly would be very interested in listening to your your valuation of AOL, and why you think that AOL is where it is and why it will be where you say it will be, without a focus on PE
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