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

To: Manish Aurora who wrote (6335)	3/10/1999 11:02:00 AM
From: Joe S Pack	Read Replies (1) \| Respond to of 41369

Manish: Is this your way of promoting your web site? Do you know that SI does not like people promoting their web site? All the best. -Nat

To: Manish Aurora who wrote (6335)	3/10/1999 11:05:00 AM
From: Boplicity	Respond to of 41369

bye bye off to SI jail for you.. Greg

To: Manish Aurora who wrote (6335)	3/10/1999 11:53:00 AM
From: stock_bull69	Read Replies (1) \| Respond to of 41369

Thanks but no thanks for your advise regarding high P/E valuations. I am not and I think I speak for the majority of AOL posters on SI that you cannot use traditional P/E methods to determine valuations. I bought AOL 3 months ago in my IRA and have already experienced more than a double. I also bought more AOL yesterday at $90 in my regular trading account because I felt that it had the best combination of upside potential and vast institutional ownership resulting in less volatility. It was a tough call choosing AOL over CMGI.

To: Manish Aurora who wrote (6335)	3/10/1999 8:59:00 PM
From: Pruguy	Read Replies (1) \| Respond to of 41369

I appreciatte your comments. I had looked at your spreadsheet a few days ago and I was impressed with the thurouness(sp) of your work.....however I beg to differ.....this market has rewarded the biggest succesful companies with extremely high pe's for a long time....I am not aware of any evidence this is about to change. Back in the early 90's I shared your argument and sold walmart and home depot. The reasoning was logical, but not correct in the end. These companies have only tripled in value. the market is like that now and you can either play or not, but it won't change just because you don't like that the rules have changed.