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

To: Frank Ellis Morris who wrote (21733)	6/13/1999 5:56:00 PM
From: Mark The Trader	Respond to of 41369

" I hate that Merrill Lynch downgraded AOL when is was already under selling pressure." Frank , geez you have been in the market long enough to realize that Analysts usually downgrade a stock on the way down and upgrade up the way up :-] P/E 209.3 Price/Book 43.02 Price/Sales 31.09 Price to Cash Flow 142.3 Market Cap. (mil) 06/09/99 120,141.63 Shares Out. (mil) 05/07/99 1,082.35 Damm even @ 1/2 the current price this stock would have a market value of 60 billion dollars. And thats the market cap of Disney !! :-} ( someone had posted some reference to Disney in another post). Mark

To: Frank Ellis Morris who wrote (21733)	6/13/1999 9:19:00 PM
From: Ed Forrest	Read Replies (1) \| Respond to of 41369

>I hate that Merrill Lynch downgraded AOL when is was already under selling pressure. Merrill should downgrade themselves since their stock is not doing that great either? < Merrill did not downgrade AOL.This is what was said: >Shares of AOL dropped 5 1/2 to to 105 1/2 on Thursday. One of the reasons for the stock's decline: Merrill Lynch Internet analyst Henry Blodget said he expected AOL subscriber growth for the June quarter to come in at "the low end of guidance range, which was 750,000-850,000." Commenting in a research note, the analyst didn't change his revenue or earnings per share estimates, but added that "we do not see any major catalysts for AOL's stock until the fall." See related story.< Ed Forrest