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

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To: robert duke who wrote (13317)12/29/1998 2:22:00 PM
From: Uncle Frank  Read Replies (3) of 13594
 
I show the next earnings report scheduled for January 25, with a consensus of $0.14. The reason I mentioned Thursday is that is when aol will be added to the s&p500, and there have been rumors of a big announcement that day.

I'm lucky to have bought in at such a good time. I liquidated a mutual fund holding to buy more dell, had some unassigned cash, and decided to join in on the I'nut craze. AOL seemed to be the most substantial of the lot, with 14 million subscribers at >$20/mo, which makes for a very nice revenue stream. Fortunately for me, the s&p announcement came shortly afterwards, so I'm up more than 67% in just a few weeks, but can't credit it to my investing skills. It reminds me of when I got a hole in one last year... purely a gift from the gods <ggg>.

Good luck with your investing. You'll pay off that college loan pretty quickly at this rate.

Frank
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