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

To: Larry J. who wrote (8011)	2/19/1998 9:51:00 PM
From: John Carpenter	Respond to of 13594

70X the fiscal 1999 E.P.S. estimate for a company that competes with the Microsoft Network? Does the market accurately reflect all information? Is it rational and efficient?

To: Larry J. who wrote (8011)	2/19/1998 11:34:00 PM
From: johny	Respond to of 13594

As you all know, I am now on the sidelines.I am though watching for a reentry point on the short side of AOL. Would just after the split be a good entry point? Also...Anyone watched DELL today? Very similar patern to AOL, although overvalued DELL is a real company with solid earnings growth... If it is to follow the AOL patern we will have DELL at 130 in 2 days...we shall see.