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Technology Stocks : America On-Line (AOL)

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To: Annette who wrote (2952)1/20/1999 2:54:00 PM
From: musea  Read Replies (1) of 41369
 
Annette, you wrote I hope AOL moves up a bit today...if everything takes off and AOL sits there I will scratch my head and say hmmmmmmmmmmmmmm.....

On 10/1/98 AOL was at a split-adjusted $52/sh. It has been up and down since then and down a bit this year but it's still over $150/sh and recovering. There's been a lot of news about other internet stocks lately, which has sapped a little of AOL's strength by taking the momentum players out into other stocks. AOL has made a modest move upward today and I think it will continue to show moderate strength until the noise dies down a bit. AOL is strong because it has earnings and growth. Don't get discouraged.

-musea
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