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To: OtherChap who wrote (14335)10/6/1998 5:07:00 PM
From: wiley murray  Respond to of 27307
 
Hi OC: AOL 97 1/2 DOWN 5 1/2!CEO and VP of AOL reported as selling a big block of AOL stock recently. AOL PE is 294!Comments?



To: OtherChap who wrote (14335)10/6/1998 5:25:00 PM
From: Dell-icious  Read Replies (2) | Respond to of 27307
 
P/E ratios are pretty meaningless when a company just starts making profits, as the numbers are too small to yield useful ratios. For example, when YHOO reports earnings tomorrow, assuming it comes in at 0.13 (that's 4 cents above the consensus estimates), the last 4 quarters goes from 0.15 to 0.26, and the P/E ratio comes down to 480. What's more relevant is estimated earnings and that is looking good for YHOO.
Dell-icious


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