America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (12063)	4/21/1999 5:29:00 PM
From: Howard Levine	Read Replies (2) of 41369

How are you feeling Vendit?? As I told you previously, I am 70 years old and have known many " Analysts" in my time. One thing I have found is that when people get older - they get more conservative ! These analysts(not all but most) have been around for a few years and have had success in considering and acting on the P/E ratio of the toilet paper companies. It has worked for them all these years--so why not now ?? The idea of valuing companies differently is so new to them that they have not yet been able to accept it! I feel sorry for them. It is not easy to find that something that worked all of your life is no longer valid. Howard

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