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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (450)	12/31/1998 3:42:00 AM
From: sakura	Respond to of 41369

hi Uncle I guess you don't know what the Bubble means. In 1990, P/E ratio of Nikkei Index was too high. I can't say exact P/E Have you made a comparison of AOL with CSCO, SUNW, EMC, and etc. AOL will almost double sales every year due to higher computer ownership from cheap price. Moreover, internet will replace Telephone and TV. Their profit margin will be at least close to CSCO thanks to huge Advertisement revenue. Just look at Income Statement of CSCO, SUNW, EMC, and etc. AOL's sales will exceed sales of CSCO in few years with same profit margin. MKT cap of CSCO is twice of AOL. and AOL will grow faster than any big time. My point is AOL will grow faster than any other CO.