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Technology Stocks : AMERica on-Line, Another over valued company?
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To: Bob Wang who wrote ()4/19/1996 12:14:00 AM
From: olduser   of 222
 
FOOD FOR THOUGHT,

There was a report today on CNBC that Apple was looking for sources of cash to bolster its position and may sell assets to do so. It was suggested that a prime target would be their stock holdings in AOL. They apparently own 5% of AOL. If they and other big players (in competition) rush for the door, we may see the sell-off that the shorts have been waiting for. It's selling near its all time high (58.25 as I write) now and looks ripe for the picking.

Rick D.
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