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Technology Stocks : America On-Line (AOL)
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To: Vendit™ who wrote (19086)5/28/1999 7:26:00 AM
From: sam  Read Replies (1) of 41369
 
AOL may test its new recent low of 105. May go lower. Or it may not. I give up trying to guess the short term swings. That said, I have seen lots of fund buying through this "correction" as retail shareholders sell for reasons including fear of inflation and margin calls. These sell-offs, at least to me, seem somewhat contrived and designed to funnel cheap shares to institutional hands. So long as we hold the shares, the pressure will continue. So I suggest that everyone still holding sell out NOW! That'll end the carnage. (But remember, I'm gonna still hold mine. ;))

18 million captive sets of eyes. A burgeoning potential of ecommerce profits. However, as far as the Street is concerned, AOL management imo is THE key asset. I have a feeling that the new "credit card" will be coming in very handy soon.
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