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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 225.04-3.4%11:49 AM EST

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To: Glenn D. Rudolph who wrote (59171)5/30/1999 10:19:00 AM
From: Olu Emuleomo  Read Replies (1) of 164684
 
I was down for the week mostly due to AOL

Glenn,

$120 is **crucial** for AOL in this coming week!
On friday, the high for AOL was 119 3/4. Why?? $120 is solid resistance!
We need to overcome that resistance.
Anyway, here are the trading ranges I expect for AOL..... in order of likelihood! in the next 3-5 weeks

a) 120 - 130
b) 112 - 120
c) 130 - 140
d) 90 - 112 (We havent actually traded in this range yet! It's just speculative)

Personally, i hope to sell up to 3/4 of the shares I accumulated at 114-116 close to 130 and 140.
For AOL to resume its long-term upward trend, we need to close above $140!! Also, I am convinced that AOL will get to $90, once we close below $112.
Of course, just my $0.02.

--Olu E.
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