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Technology Stocks : America On-Line (AOL)

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To: stock_bull69 who wrote (12504)4/23/1999 3:50:00 PM
From: SOROS  Read Replies (1) of 41369
 
Don't get me wrong. I think AOL is a good company, but I just read that they would have to sign up EVERY household in the USA to bring in 10 billion, yet they are currently valued at 130 billion, which would be equal to about 7 or eight major companies that are doing about 10 billion in sales right now. I know there will be other revenue, but compared to other INET companies out there (one in particular -- this is my shameless plug), is it not a tad overvalued, and with so many outstanding shares, if the institutions ever decide to sell, there won't be enough stock investors in the world to buy these shares. See below for my favorite INET company right now. You all use just a piece of them each time you post or read on SI. Do what you will, but if you have any value investing blood left as it relates to Internets, then GNET should have some of you AOL money -- unless you have plenty without it.

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