America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: CGarcia who wrote (32344)	10/7/1999 12:28:00 PM
From: ChinuSFO	Read Replies (2) of 41369

CGarcia I think AOL will go to 150-160 range just based on the momentum of Internet stocks such as YHOO boost etc. If there is no news till then, such as earnings or broadband deal then the psychological barrier kicks in. If AOL reports good earnings, I think the psychological barrier will still be there because when it reaches the 160 - 175 level it will have already factored in the earnings. The kicker will be the broadband deal. The broadband deal (AOL buying Excite and paving the way for ATT to sign a deal with AOL) will accelerate the stock to +30 at least. IMO, stock split is not the uppermost thing with AOL. They need money for the Excite deal and the stocks will provide them the capital.

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