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

To: Joe S Pack who wrote (14764)	5/5/1999 12:17:00 AM
From: Technician	Read Replies (1) \| Respond to of 41369

well PE figures in all that, the higher the PE the more perfect a scenario discounted in the future, any shortcomings and watchout,in short stocks that appreciate 600% in months can also depreciate 50%. This is bourne out by AOL itself. At one time NN was very high flier and sported a PE of maybe 200 or so, then it started going down due to competition and now quietly trades on NYSE, anyone remember IOMEGA, or how about DELL, the 110 guys are still waiting from FEB.