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Technology Stocks : America On-Line: will it survive ...?

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To: charlie who wrote (6259)12/9/1997 1:28:00 AM
From: Steve Robinett  Read Replies (2) of 13594
 
Charlie,

>>This is somewhat off topic now. So far AOL has one buy recommandation everyday. Anyone care to guess when the pool of analysts will be exhausted? When that happens, I guess they could just re-affirm a recommandations, thus keeping the streak alive and push AOL to 200 a share.<<
Didn't this current round of upgrades start exactly that way? AOL tanked after earnings and analysts who had a buy on it reiterated.
I still want to start a contest to find even one brokerage house without a buy on AOL.
BTW, I suspect AOL has some plans in the wind that might cause them to have to do a bit more finacing a la the recent $350k debentures and $200k credit line. If that's the case, it goes a long way toward explaining why brokerages are scrambling to be good to them.
Best
-Steve
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