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Technology Stocks : America On-Line (AOL)
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To: Vendit™ who wrote (7418)3/22/1999 2:09:00 PM
From: RocketMan  Read Replies (1) of 41369
 
You know what is interesting? A few months ago, Smart Money magazine was recommending a few stocks that they thought were too high, but that investors should look for an entry point when they fell and reached their target. Their target for AOL was about $85, and this was pre-split. That means there were a bunch of investors sitting there,waiting for AOL to fall down to about $43 post-split so they could buy. Can you imagine how they feel watching it fly away from them? With a good stock like this, you just have to buy it and let it sit while it decided it has rested enough and is ready to run.
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