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Technology Stocks : America On-Line (AOL)
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To: robert duke who wrote (14716)5/4/1999 10:42:00 PM
From: Technician  Read Replies (2) of 41369
 
look at it this way and convince yourself to SELL SELL
SELL......GET OUUUUUUUUUUUUUUUUUUT NOW!:

Last fall the INET fever reached an unprecedented level
of exuberance, surely AOL led the way and it was bid
higher and higher and higher with 2 splits within
months. now the INET is getting old, the reality
is driving home the fact that the stocks are
WAAAAAAAAAAAAAAAAY ahead of themselves.
the PE might be 300 when the dust settles
and I think that is AOL at 80.

Do you really think that PE of 300 is
cheap for AOL??????
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