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Technology Stocks : America On-Line (AOL)

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To: Marvin Mansky who wrote (36991)1/10/2000 8:53:00 PM
From: Citidude   of 41369
 
Marvin I agree we'll see AOL move up tomorrow, but probably not past $80. If more buy recommendations come in from the analysts, I think we'll start to see AOL head higher.

It seems folks here are very jittery (to say the least) and some of you have even sold. We all know the buying company's stock price 99 times out of a 100 goes down. I don't think the level of panic is warranted at this time.

I do agree that the price is way too hefty. You know damn well that MANY of those billions are going to be in the pockets of the guys at the top when this is done and over. I'm sure we'll see TWX shed some assets to reduce LT debt should this (and it probably will) merger go through. What those assets will be I wouldn't even care to take a guess at.

Chris
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