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Technology Stocks : America On-Line (AOL)

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To: ChinuSFO who wrote (13877)4/29/1999 7:19:00 AM
From: ChinuSFO   of 41369
 
Jonathan Cohen, Wit Capital is currently on CNBC. Agrees with anchor that AOL goes through the cycle of runup before earnings and sell on news after blowout earnings. Reaffirms AOL as top pick of Wit Capital. Looking for a 25% upside from current prices of AOL. Also mentioned Priceline as having a good potential. Recommends PRICELINE as a strong buy. Does not recommend AMZN at current valuation in the face of recently released earnings report.

AOL currently trading at -3 on light volume on Instinet.

AOL WILL COME ROARING BACK AGAIN
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