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

To: sam who wrote (15926)	5/8/1999 5:37:00 PM
From: DOUG H	Respond to of 41369

We have'nt even begun to throw wireless into the mix. IMHO we're in the first inning. Some one forgot to tell QCOM/SPYG that there's a tech correction going on.

To: sam who wrote (15926)	5/8/1999 11:53:00 PM
From: billkirn	Read Replies (4) \| Respond to of 41369

Sam: What has changed since last December when AOL was around $50. A few more subscribers maybe, a lot of speculation and momentum investing, and now a real pending loss of future business the speculators were counting on to increase earnings to where the PE may become "reasonable", say 50, in 3 years if the stock price maintains its present value. If the stock price drops to $50, it is still over valued, as its potential market will be shrinking dramatically over the next few years. So, is this a good short or will wild speculation keep the stock moving upward. Again my guess, wild speculation is about to end, and AOL will drop seriously as will all internet stocks, but who really knows. Bill