Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: santhosh mohan who wrote (5479)	11/6/1997 9:03:00 AM
From: IKM	Read Replies (1) \| Respond to of 13594

From Briefing.com this morning: One area that has really amazed us with its resiliency is the Internet stocks... While the market has returned a risk premium to much of the tech sector (albeit a relatively small one), traders remain romanced by the promise of the Internet... Stocks like AOL, Yahoo! and Excite continue to trade at outlandish valuations measures... AOL jumped over 6 points Wednesday in anticipation of a positive earnings surprise in today's announcement (after the close)... Street looking for $0.12, but whisper numbers in the $0.15-$0.17 area... Almost no way for stock to win the earnings game given the inflated expectations... And at over 80x earnings, any disappointment could lead to serious trouble for shareholders.