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Technology Stocks : America On-Line (AOL)

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To: Smart Investor who wrote (10089)4/9/1999 4:25:00 PM
From: Lee Martin  Read Replies (2) of 41369
 
We've got 11 more trading days before earnings. I look for AOL to continue to consolidate for a few more days and then break out in anticipation of good earnings (if YHOO's #'s were good then AOL's should be great, right?) and a 2:1 split announcement. I can't remember a time when AOL was anywhere near this high and it didn't split.

Right now I can't figure out which one to throw more $$ at, AOL or VISX. It posts earnings on 14th and should be another blowout, with another 2:1 split. Sound familiar? VISX is the bellwhether in the field of laser vision correction and the only co. that I would consider investing in that has outperformed our beloved AOL. I'm about 90% AOL and 10% VISX right now and am more worried about the market tanking due to _________(fill in the blank) than I am about either stock.

Bottom line: Get long some AOL while it's going sideways, and take a look at VISX.
Regards,Lee
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