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


To: RocketMan who wrote (14743)5/4/1999 11:32:00 PM
From: Technician  Read Replies (2) | Respond to of 41369
 
stock prices are not assigned by scientific equations,
PE's are not absolute and surely a market may accept
a PE of 1000(ebay) but the market may also suddenly
decide to cut it by half. It is the market that has
turned against AOL and it was the market that took it to 175.

The market that took it to 175 is not this one, this
is the one that is taking it towards 100.

Question is whether the 175 is o.k market will come
back? are interest rates going down? is AOL crossing
100 before earnings? is the INET fever running high?
NOT! all this is now the past.