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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Berney who wrote (15519)4/5/1998 9:50:00 PM
From: Lazarus_Long  Respond to of 94695
 
<< Come on now, AOL at a PE of 619 has to be one of the real bargains out there. (g) >>

Well, I won't buy at that PE. On the other hand, I won't short it, either. There's nothing that says an insane price can't get even more insane. AOL has probably turned more bears into true-believing bulls than any other stock in the market.