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


To: RocketMan who wrote (9298)4/4/1999 1:45:00 PM
From: Sean Sheldon  Read Replies (1) | Respond to of 41369
 
Tomorrow's Barron's has an article on Dow 10,000 that discusses modernizing the Dow 30 with some changes in the 30 companies on the Dow. AOL is mentioned as a future representative of the Internet. Other companies mentioned in the article include
GT, UK, TX, BS, JNJ, HWP, WMT, IP, S, EK, MSFT, INTC, PFE, CSCO,
WCOM, AIG, LU, BMY, BAC. A synopsis of the story is linked to the Barron's Synopsi table at netcognizance.com

But at the end of all this there is a statement in the same article which says: "This kind of speculation usually occurs at the end of bull moves. You've got day traders who think P/E means physical education." Does this mean that the market is expected to correct big real soon?

Can somebody explain this to me?

Thanks.



To: RocketMan who wrote (9298)4/5/1999 5:13:00 AM
From: robert duke  Respond to of 41369
 
Well lets say AOL gets up to 1 trillion cap. AOl could be broken into parts within the company or broken into parts because of a monopoly. I think it will be no problem for AOL. We could see a market cap of 2 trillion before the run slows and earnings and the pe become reasonable again.