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

To: craig crawford who wrote (7715)	2/12/1998 2:04:00 PM
From: Hawk	Read Replies (1) \| Respond to of 13594

I agree, but not many companies are selling at these lofty levels. 50 times book, 90 times cash flow, PE over 130. A little overvalued, I know the street doesn't care. H.

To: craig crawford who wrote (7715)	2/12/1998 2:09:00 PM
From: johny	Read Replies (1) \| Respond to of 13594

CS and WDC are not losers....

To: craig crawford who wrote (7715)	2/12/1998 2:47:00 PM
From: Hugh M.	Read Replies (2) \| Respond to of 13594

Just jumping in. Logic would dictate that AOL is WAY ahead of itself. Craig, you mentioned NN, it was also way ahead of itself and look what happened there since October. This thing is trading at an unbelievable P/E, it has to turn, sometime. My question is when and how does the charade end. If 70% of the trading shares are held by mutuals and big houses, and AOL hits the targeted 150.00 by the analysts, who are they going to stick with shares at 150.00? That is a LOT of shares. Or do the houses panic, and get their best analysts to say it will go to 200.00, and we begin again? It can't go on forever. Curious. Hugh