Thanks for the response-that is what I come up with when I think sbout it. At these levels, I don't think I can buy it. As far as YHOO goes, you may be right. I could have stayed with it but it's the same situation. Any hint of bad news could send it much lower in the short term. And I don't know how much upside is left. The whole tech sector is starting to get a little frothy at this point IMO. But, I'll keep an eye on AOL. If I can get it at a lower price...
OK-I have some money I can invest. I normally don't invest in tech stocks although I've made money on them from time to time. Most recently-YHOO. I bought 1187 shares at $34.16 and sold at $39.84.
I know a little of what's going on with AOL. I've heard the CEO a couple times talking about what's goig on at AOL and how well the transformation has been going. My question is-if I were to buy in on Monday, how do I make money?
The P/ Eis such that any hint of bad news would cause the price to plummet. How much higher can their transformation take them? Who would buy the and why? Maybe YHOO? I don't see how GOOG evven cares with everything they have going on. YHOO buys them and absorbs the CEO into the fold making him in charge of a new tech division? Maybe MSFT once they have a new CEO on board doing the same thing with the CEO?