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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Vitas who wrote (12322)	4/28/1999 10:40:00 PM
From: American Spirit	Read Replies (3) of 99985

Go ahead and short AOL. I wouldn't. It virtually OWNS the internet and its still in its infancy. The price is high for a reason. ATHM is even more forward-looking with only 300,000 subscribers. But I wouldn't bet against that company either. Still I bought ATT instead of ATHM and will always hang onto my software stocks for longer than my nets. Problem is, that strategy hasn't worked in the past. Last year nay-sayers were poo-pooing AOL at $40 a share. Since then it's split twice. It can also now afford to make humungous acquisitions. There was talk about it buying DISNEY. Apart from that prices will fluctuate and there will be ebbs and flows. And what do I know?

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