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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (14299)	4/10/2002 7:07:27 PM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 78740

Dale, >but even at $20, AOL trades at more than 12x EBITDA >with uncertain growth prospects. Fair enough. >stocks like AOL only go down when the major funds >are dumping the shares. Individual investors don't >stand a chance fighting the tape when the weight >of Wall Street is pulling a stock down. Here is where we disagree. I know that my buys won't change the direction of the stock. But I also know that if I buy a good value, time will come when the same funds will pounce onto the stock and then I will sell to them. ;-) Like you say: >If you have a long-term horizon AOL may be a decent buy right now. Good luck Jurgis - now, back to the question: "is AOL good value?"