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Technology Stocks : America On-Line (AOL)
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To: Richie who wrote (10027)4/8/1999 8:45:00 PM
From: Hobie1Kenobe  Read Replies (1) of 41369
 
Rich,
It can be a tough stock to figure on a day to day basis, but you can see from the charts the direction it has trended. Established my long core position in October and like to trade around it using short and long term options. It is encouraging to see it bounce back strongly even as the fund managers were dumping it to lock profits. Those folks invested in mutual funds that are creating this churn will have some steep capital gains distributions at the end of the year. I'd rather own the stock directly and determine when I want to pay the tax man. I don't predict price targets, but I'll be surprised if we aren't higher by earnings. Concerning the split possibility - I was surprised to get one at last earnings, so I have no clue about this time - I have read that a 2:1 would require shareholder approval. Good luck and welcome aboard.
JF3
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