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

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To: cody andre who wrote ()8/31/1996 2:22:00 PM
From: Carlos A. Lima   of 13594
 
Two facts about AOL: Its downward momentum has stopped, and it's a
company with good earnings. The pattern in which it has been trading
during the last several days is typical of proffesional accumulation.
Yet, my most compeling reason to stay in AMER is this: everybody, I mean
everybody now seems to hate AMER, which tells me that any negative
factors about the stock have long, long been discounted in the price.
If you have it, hold it; if you don't, wait until it brakes above the
current trading range and enter with the timing tool of your preference.
If it brakes substantially below the current trading range: disregard
this message.
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