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

To: musea who wrote (7044)	3/18/1999 6:30:00 PM
From: Smart Investor	Read Replies (3) \| Respond to of 41369

It is hard to believe that AOL's capitalization is approaching that of AT&T. While AT&T has a projected earning of $4 this year, AOL has a projected earning of $0.35 per share this year. Those kind of comparisons convinced me to sell 50% my AOL at $118 today, I still have a lot of AOL shares even after this sale. It may go up a little bit more, but the current market cap is getting too big with earnings of $0.35 per share in 1999 and $0.55 per share in 2000. I think I will be able to get the 50% share back at a lower price.