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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?


To: volatile1 who wrote (475)4/3/1998 2:20:00 AM
From: craig crawford  Read Replies (2) | Respond to of 5843
 
<< Here's my take...if the markets begin to turn down, which is looking more likely, the smart short money should be on YHOO, AMZN and especially AOL. Who the hell can come CLOSE to justifying a 500+ P.E. ratio!?! >>

I can't speak for AMZN, but remember, YHOO and AOL are profitable. How can you make fun of their PE's when RNWK doesn't even have any profits?

IF RNWK earned 1 cent per share in the last 12 months it's PE would be 3700. How can you make fun of YHOO and AOL's PE's when RNWK has a PE more than 3700?? I realize some people are going to get technical and tell me that RNWK doesn't have a PE because it needs earnings but you get my point. If we were generous and reversed RNWK's loss and gave them one cent in earnings that's what their PE would be. But they haven't even earned 1 cent.



To: volatile1 who wrote (475)4/3/1998 10:17:00 AM
From: SBerglowe  Respond to of 5843
 
Agreed re AOL! I'm watching INTC and IBM to come on board for possibly rotational leadership. INTC needs to start moving up quickly as does IBM. I don't believe that one sector can go on indefinitely without participation from other areas of leadership. On the other hand a new age is dawning and the Internet stocks seem to be commanding the attention. I've been cautious too many times on the market and been wrong. Let's see what happens.