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

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To: J. P. who wrote (10817)7/29/1998 8:21:00 PM
From: MileHigh  Read Replies (1) of 13594
 
I have a few comments on AOL, please give me your thoughts:

1- I am long so keep that in mind
2- I believe that AOL's recent weakness is NOT a function of those "in the know" already concluding that AOL will miss estimate leading to recent weakness.
3- IMO recent weakness is simply a function of overall market weakness and skittishness about internet stocks
4- Since we have seen a nice correction, a positive AOL EPS surprise could give us a nice bump up on WED since we have no run up prior to earnings already assuming a surprise
5- When investors want to get back into internet stocks, they will start with those demonstrating stability in sales and earnings growth, which would include AOL.

MileHigh
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