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: yard_man who wrote (9662)	4/29/1998 11:17:00 AM
From: Jethro Bodine	Read Replies (1) \| Respond to of 13594

How can people sleep at night buying or even holding stocks like AOL at these prices and valuations? I guess the answer is that it really feels pretty good on the ride up - quite pleasant indeed. Nevertheless, there is a day coming when the same people will ponder why they didn't sell when they knew it was getting too crazy. I'm old enough to have a few gray hairs and this isn't an investment but a pure speculative bet that there is a "greater fool" out there to unload on. Chances are the risk vs. reward ratio is better now in Las Vegas. Ask yourself this question, where is the buying demand going to come from when the rose colored glasses come off. A $15 billion market cap for this company! I must live in the Magic Kingdom.

To: yard_man who wrote (9662)	4/29/1998 11:23:00 AM
From: Keith J	Read Replies (3) \| Respond to of 13594

Personally, I don't like the fact that the CFO is out there saying that he believes the value of AOL should be about $150. I think it is grossly irresponsible. That would imply a market cap of about $36 billion, for a company with an accumulated deficit of nearly a billion dollars. Boy, we're starting to get a short list of companies with market caps above that. Besides, the technology is evolving so quickly, who knows where things will end up. Oh, and I'm sure they will manage the numbers so they can report 12 cents or more for the quarter. Don't forget, they're taking 3 separate charges during the quarter. Just MHO. KJ