America On-Line: will it survive ...? Message Board

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

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To: PAL who wrote (8933)	3/19/1998 11:45:00 PM
From: Michael Harb	Read Replies (1) of 13594

<<BTW after the close AOL gained 1/2 to 61 5/8. >> Not really. It looks like that trade was a late print. I show no INSTINET activity after the close. Just 3 or 4 late prints. I think this puppy has a LOT further south to head before it makes any meaningful move northward, if it ever does. It has an extremely precarious monopoly. People comparing AOL to Microsoft is unbelievably ridiculous. AOL is nothing more than a powerful brand name providing a commodity (internet access). Microsoft has made it's operating system the PC standard for home and business. The programs that operate 95% of PC-based business on this planet are based on Windows. That isn't going to change anytime soon. When this stock split and was 65, I predicted 60 by friday. Looks like that will probably happen. I think 50 within 6 weeks is much more likely than rising above 65 in the next year. JMHO mike

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