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Technology Stocks : America On-Line (AOL)
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To: Daiju Kohno who wrote (3215)1/24/1999 8:34:00 AM
From: robert duke  Read Replies (1) of 41369
 
I can't really complain either I was in at 57 per share. This is my only tech holding since I just graduated from college it will take some time before I getthe big bucks you know. AOL hasn't really done squat. But earnings are coming out. Now I am estimating the stockto hit 195 by june 1 but, I would not be at all suprised if the PE started to drop and the stock didn't budge until june 1. So you never know. Although look at the other internet drop offs. You could have bought yahoo at 400 or bcst at 310. They big ones have dropped like 60%. So who knows. Earnings will be good, split or not. I estimate earnings for mid 2000 on AOL time sheets which is xmas 99 for the rest of the world, I estimate earnings of $1.00 so you add the PE and you get the picture. So we shall see. I would like to see a nice run up in the stock to like 155 and hold it at that level for a while.
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