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Technology Stocks : America On-Line (AOL)

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To: t2 who wrote (32133)10/2/1999 4:18:00 PM
From: larry  Read Replies (1) of 41369
 
It's much easier for the MM or fund manager to pump up AMZN than AOL. AMZN's share float is only 16% of that of AOL's, and about 20% of its market cap. Before the crazy short squeeze in AMZN, 40% of its float shares were shorted. Among the blue chip net issues, AMZN is the only one that can benefit from a deep squeeze, while AOL is the least.

I was very bullish on AOL when its was in low 80s. I gave my reasoning in mail to Vendit. Right now I am neutral on this issue. However, since we are still in the greatest bull market in human history, anything is possible for AOL.

larry
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