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


To: stock_bull69 who wrote (10115)4/9/1999 9:38:00 PM
From: Technician  Respond to of 41369
 
That's really the dilemma for longs,
we have a market that has come up a
LONG ways: 3000 to 10000 in 7 years
and the valuations are off the charts.

Y2K presents a big hurdle for the market
and DOW 11000 should be a point to unload.

I would like to see a price appreciation
versus P.E ratio chart for AOL for the
past 2 years, I can already see that
if we went six fold as the PE(2K) went from
200 to 300? then it is time to watch this
baby like a hawk and fine tune one's
position.