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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (23336)	7/29/1999 4:41:00 PM
From: Jeff Dryer	Respond to of 27307

From the SmartMoney article: >By any fundamental measure, this company is far from cheap. It still >sports a trailing 12-month P/E of nearly 167 and, for year-2000 >earnings, a forward P/E of 161. No matter. When AOL stock descends >to this level, attention must be paid. According to the paragraph, AOL has a trailing P/E of 167 and a forward P/E of 161... P/Es about the same = NO GROWTH. This isn't the case, but that's what the paragraph suggests with no explanation given... very helpful to readers isn't it?