America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: David Perfette who wrote (11607)	4/19/1999 8:09:00 PM
From: Mike Farrar	Read Replies (5) of 41369

PEOPLE ARE UNDERESTIMATING AOL. The stock markets huge influx of liquidity, will have AOL back up in the $ 160 - $ 180 dollar range before earnings, and the shorts will get to eat their words as usual. AOL will blow away earnings, announce a split and then go up another 20% before May 7th. People are underestimating the power of money, and the prices people will pay to make money in the stock market. The buy on the dips crowd will be out in force tomorrow, and AOL will probably go up an easy 5-10% by market close. The internet is here to stay, and as long as AOL keeps posting huge revenue gains, people don't give a shit what the PE is.

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