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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (17182)5/14/1999 5:56:00 PM
From: Olu Emuleomo  Read Replies (2) of 41369
 
Can you give me a better stock then
AOL to invest your money in over the next 5 years and why do you think it is
better.


Vendit, 5 yrs is too long! 5 yrs ago, AMZN didnt even exist. We have no proof that AOL will exist in 5yrs! ATHM/ATT/XCIT may have taken over.
You know how fast technology moves!
However, over the next yr or so, I expect AOL to do well, but I think it will have to compete (in terms of stock price appreciation); with BRCM, CMGI, and the discount brokers (eg NDB and SCH)
Check out the charts of each stock mentioned here. They are *ALL* superior to AOL's chart, but I already have plenty of those stocks.
I expect AOL to trade within a range until it breaks out or breaks down. I expect that range to be 120-140. Right now I am long(er) at 124 11/16 today. Will sell at 139 and hope to repeat the cycle a few times.

--Olu E.
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