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Technology Stocks : America On-Line (AOL)
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To: Steve Robinett who wrote (5343)2/21/1999 9:40:00 PM
From: Pruguy  Read Replies (2) of 41369
 
as u point out so eloquently....trading at over 100 times cash flow and institutions own over 75% of the stock....stupid as it is....price is irrelevent...it is just demand ...as long as their are inflows into the market and aol continues to dominate, their price will move up.....this isn't brain surgery there will be inflows into the market til 2008 at least...that doesn't nclude governement messing with it either
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