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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (20062)	3/23/1999 1:03:00 AM
From: Sonki	Read Replies (1) of 42787

chris. ouch on nsol.. aol target 180... i can never find the sell button. ING Barings said analysts Fred Moran and David Levy raised their price target and profit forecasts for AMERICA ONLINE INC, saying they expect strong subscriber growth at the Internet service provider. Raised 1999 price target to $180, up from $100. Raised revenue and profit forecasts for both fiscal 1999 and 2000. For fiscal 1999, revenue forecast moved to $4.15 bln, up slightly from $4.1 bln. Profit forecast raised to $0.36 per share from $0.32. The company's fiscal year ends on June 30. For fiscal 2000, revenue prediction was raised to $6 bln, up from $5.7 bln. Profit forecast increased to $0.54, up from $0.48. Moran said he expects the company to have 20 mln subscribers by mid-1999, a million more subscribers than he previously expected. (Reuters 09:56 AM ET 03/22/99) For the full text story, see

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