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

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To: kahunabear who wrote (12713)12/22/1998 8:41:00 AM
From: AmericanVoter  Read Replies (1) of 13594
 
From WSJ Interactive Edition ...

"Readerman's top pick is America Online (AOL; $84.87), a stock he has been following with great results since 1995. (He downgraded it to "hold" in 1996, just before its well- publicized busy-signal problems, and then upgraded it to "buy" in time for its spectacular runup.) The combination of Netscape and AOL, he says, will bring in some of the most diversified types of revenue on the Net -- from ad sales to subscriber income -- and enough clout to make Microsoft nervous. By the end of 1999, he predicts, the stock could get as high as $125, representing a gain of 42 percent."

interestingly, he said end of 1999... well, we are just about the end of 1998 and the price is already $117 ...

best regards
amein
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