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Technology Stocks : America On-Line (AOL)
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To: Technician who wrote (14739)5/4/1999 11:20:00 PM
From: RocketMan  Read Replies (1) of 41369
 
Trailing p/e is meaningless for a company like AOL, which is trading on its current and future growth. AOL is growing its earnings at 124% at present, and has a p/e of 383, which gives it a PEG ratio of 3.09 as compared with an average of 6.02 for the S&P. So by this value, AOL is 50% undervalued with respect to the S&P.
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