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

To: CGarcia who wrote (23727)	6/23/1999 2:29:00 AM
From: Ed Forrest	Respond to of 41369

>>How many more quarters of earnings growth wil AOL have to report in order for the street to justify it's P/E valuation?<< How high is up?The Street can not get its arms around the fact that the internet and related business's are a non-traditionl entity.To judge them by conventional methods is akin to launching a moonshot flying a bi-plane.Only the passage of time can alter this rigid,herd mentality method of evaluation.The PE is pas-se'IMHO.I really believe that as we approach the millennium the anaylst's must change along with the century and rethink their methodology as it relates to the internet. Ed