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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (24244)	6/28/1999 12:25:00 AM
From: Jorge	Read Replies (1) \| Respond to of 41369

Robert...Long time no talk to...What's in store for these internets?..I read last week a piece from Keith Benjamin, internet analyst from Robertson Stephens, that the internet stocks are due to rebound to anywhere from 25% to 50% sometime this earnings report season....He said, if I understood/remember right that with good earnings numbers the big name internet stocks could see old highs again by the 3rd or 4th quarters this year. All this of course may depend on the bond market situation...There are those who say we will have a relief rally when the FOMC raises rates...Of equal importance will be the economic data being released on Thursday (NAPM report) and Friday (May Employment data)..There are those who believe that strong numbers there will almost certainly mean another rate hike later this year...If you are trading I wouldn't commit too much until Friday's data is digested and the bond market rallies on that news...Otherwise, if you're an investor sit tight--AOL is still going to be a good company/investment in 5 years. Regards, George