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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Forrest who wrote (21639)	6/13/1999 5:51:00 PM
From: robert duke	Read Replies (1) \| Respond to of 41369

I know it doesn't sound like me. Ya know I made 113% return last year and I told myself a while back when things or should I say stocks were going up that I could make a 200% return, I know I can. So I really had my hopes set on 200%So I have brought all my target prices back to earth and 100% for the year. So here is what I have for targets for AOL which is reduced. Now normally before I started talking to all my new SI friends I had a set pe to determine if AOL was overvalued of 275-300. Which would always keep me stable and realistic. So If we take earnings for the next 12 months ahead we get this. July 99 .06 + .09 + .11 +.14= .40/last 12 months x 300=$120 share price. Oct 99 .09 + .11 + .14 + .17= .51/last 12 months x 300=$153 share price. Jan 00 .11 + .14 + .17 + .21= .63/last 12 months x 300=$189 share price. Mar 00 .14 + .17 + .21 + .25= .77/last 12 months x 300=$231 share price. so a reasonable dollar amount for AOL is 150 a share by the end of the year which would represent another 100% for the year. I am not going to complain about that. Sometimes it takes a good wife to kick you i the butt and tell you that 100% will get us to retirement by 40 just as fast sometimes.