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

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To: John Howell who wrote (1930)3/2/1997 12:58:00 PM
From: William H Huebl   of 13594
 
Hi John...

I wanted to get back to you as a result of this weekend's studies...

- AOL is only slightly forecastable (if there is such a word) using the indicators I have at my disposal:

- not trending well
- little correlation with indicators
- not volatile enough for options purchases.

- there is a small but not unlikely possibility that AOL will retest the 35 level before moving onward and upward.

I am still very bullish on this stock long term and will buy calls when the circumstances warrant (things like volatility and trending DO matter... especially to an options trader.

Regards and good luck,

Bill
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