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Technology Stocks : America On-Line: will it survive ...?
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To: BayTay who wrote (12406)12/9/1998 8:56:00 AM
From: robert duke  Read Replies (1) of 13594
 
Yes and with fiscal year 99 ending this summer the earnings are going to be even better. Estimates are for .65 ending 2 qrt which is about the end of june. .65 x 300= $185. So we should safely see the stock in the mid 130-150 range with a 2-1 then back up to 90-100 by xmas 99. whihc would represent about a 100% growth for the year. Not bad. We will see a 2-1 every 9 months for the next 5 years which is a lot of splits.
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