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


To: Steve Robinett who wrote (11285)9/14/1998 2:14:00 PM
From: Glenn D. Rudolph  Respond to of 13594
 
Obviously my comment about AOL at last showing a P/E below 100 was a joke to
emphasize it's rich valuation. As for shorting AOL, I would neither short it or own it
long, but I'm real happy to trade AOL options in both directions.


Steve,

We are in total agreement.

Glenn



To: Steve Robinett who wrote (11285)9/15/1998 12:51:00 AM
From: Jay8088  Read Replies (1) | Respond to of 13594
 
Well, it is not just p/e of 290 or price/rev of 10. Despite its massive 21 billion $ market cap, S&P refused to admit this rapidly growing company to its SP500 index. I wonder why.....

Could it be because S&P still believe in old fashioned accounting methods?? ;)