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

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To: Chi-X who wrote (2083)3/4/1997 1:42:00 AM
From: James F. Hopkins   of 13594
 
Hi We see the break outpoint about the same.., I would say 42.,
but if she can hang above 40 for a whole day, I'll dump my
shorts except for the jan98s..
don't see her making any profit on flat rate..and her net can't
live on advertisers, yahoo gets more hits and its free, to the
user and don't have the expence AOL has a BIG nut to crack., short
term they may turn her stock up with he hype, long term she
will liklely retain the name but be owned by AT&T, at the book
value I see a buy out down arond $10
jim
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