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: Paul Houle who wrote (6746)	1/9/1998 12:29:00 AM
From: Brent D. Beal	Read Replies (1) \| Respond to of 13594

. . .Perhaps I am splitting hairs. I admit to agreeing to most of the points you make about AOL stock. . . *** I think this hair will be unsplit when it become apparent that there isn't a pot of gold at the end of the membership rainbow. At that point it will become painfully clear that investors do not care about most of the things you mention--revenues, membership, etc. etc. and the stock will start trading at a reasonable multiple, which in my opinion is a generous forward p/e of maybe 25 or 30. I think they're going to make around $.50/share this year (if everything goes well), so I have a target of about $15 for the stock.