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

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To: JC Reddy who wrote (12795)12/22/1998 6:35:00 PM
From: Frank Ellis Morris  Read Replies (1) of 13594
 
<<I am long AOL, but am not as much excited about being added to S&P index. I don't want AOL to behave like S&P fund. I want it to have its own course of direction. Just like the fund managers buy the stock, they will also dump the stock along with others. I fear it might become an average stock!>>

This is a very good concern and I too hope that AOL will not become an average stock.I find it difficult to believe that at this time it would. Recognizing the great growth potential, I think that the fund managers want to have a piece of this early in the game since the perception that it will become another Microsoft.

Best Wishes
Frank
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