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Technology Stocks : America On-Line (AOL)

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To: Diamond Jim who wrote (2439)1/12/1999 12:11:00 PM
From: Boplicity  Read Replies (3) of 41369
 
Internet Stocks: according to CIBC Oppenheimer analyst Henry Blodget, Internet stocks have at least an even chance of a 30%- 60% price pullback in the next several months after recent price spike; Mr Blodget is the same analyst that set a price target of $400 on Amazon.com when the stock was at $243 3/4 (pre-split); for investor willing to continue to invest in this sector, Mr. Blodget recommends that they hold a basket of the leading Internet stocks, with the majority of the investments concentrated in the "big four," AOL, Yahoo!, Microsoft and Amazon.com; believes that AOL, YHOO, and AMZN (all rated "strong buy") could double in 1999.....

from Beefing.com
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