America On-Line: will it survive ...? Message Board

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

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To: Pruguy who wrote (13053)	12/24/1998 9:58:00 AM
From: Labrador	Read Replies (2) of 13594

Dow Jones Online News, Thursday, December 24, 1998 at 09:48 NEW YORK -(Dow Jones)- Gerard Klauer Mattison raised its 12-month price target on America Online Inc. to $175 Thursday after the company was included in S&P 500 index. Analyst Arthur Newman said, in addition to the S&P 500 inclusion, he also expects positive results from AOL's pending acquisition of Netscape Communications Corp. (NSCP) and its planned joint venture with Venezuela's Cisneros Group to launch service in Latin America. The target also reflects "a little bit if a relative valuation play here," Newman said. AOL is probably the best stock within the rising Internet sector, he said. Newman rates AOL a "buy," which is Gerard Klauer Mattison's highest rating. - Raymond Hennessey; 201-938-5240; raymond.hennessey@cor.dowjones.com Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. Companies or Securities discussed in this article: Symbol Name NYSE:AOL America Online Inc Return to Company Headlines Select news or report: Company News S&P Company Report First Call Earnings Vickers Insider Trading S&P Industry Report To receive headlines or reports, enter a symbol in the box below or search for a symbol.

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