America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (32616)	10/19/1999 9:14:00 PM
From: t2	Read Replies (2) of 41369

One thing that cannot be ignored about AOL is the fact that earnings are near and they have a history of announcing a stock split this time of year. Have they announced splits in the last couple of years in October? It might be the added spark to push the stock to much higher levels. See the bottom of that article i just posted. “That is not reflecting the fundamentals at all — it reflects macroeconomics and psychology,” said Weil, who said he has been “bewildered” by the stock market's moodiness. Weil said that with concerns over inflation and interest rates, investors simply found it easier to sell AOL than other smaller Internet companies, so AOL took the brunt of the market downturn. Parekh set a “conservative” 12-month price target of $160, saying that the company has plenty of room to grow That is another reason to split and change the investor sentiment to a positive outlook on AOL. That is why i feel a stock split will happen and is also necessary. Good Luck BTW--excellent TA although i don't generally believe in TA. This time you may have proved that it works on AOL!

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