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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (7674)8/11/1999 2:48:00 PM
From: Wally Mastroly  Read Replies (2) of 15132
 
Re: AOL..Brinker questions the business model; but here's some yes votes:

- courtesy of Bambi-does-Frisco:

cbs.marketwatch.com

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Tom Wolzien, a media analyst at Bernstein, had positive comments regarding AOL, citing "safety, simplicity and security" as reasons to consider the stock. Wolzien, who has a $100 to $105 price target on AOL, said AOL's advertising potential, a nonthreatening advance by Microsoft.. and the possibility of AOL's selling its ISP business to AT&T lead him to believe that the stock is compelling at its current level.

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Lehman Brothers Internet analyst Brian Oakes, in a note to clients, wrote that AOL "believe it or not ... looks cheap!!!" Oakes, offering a P/E-to-growth valuation analysis, said that AOL is trading at a 5 to 40 percent discount to other high-tech growth companies. Oakes reiterated his "buy" rating and said he stands firm on his $200 price target...
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