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


To: Chung Lee who wrote (30737)9/14/1999 11:50:00 PM
From: puborectalis  Read Replies (1) | Respond to of 41369
 
America Online
(AOL: news, msgs)
drifted up 1/2 a point
to 90 5/8 after a
positive plug by Jamie
Kiggen at Donaldson
Lufkin & Jenrette.
Kiggen raised his
September subscriber
estimates for America
Online to 975,000 from 900,000. This compares to 755,000 in June.
Kiggen also reiterated his "top pick" rating for the Net blue chip with a
$200 price target.

Kiggen raised his forecasts for AOL's North American subscribers by 6
percent but upped his projections for International members by 28
percent. Penetrating the markets beyond the U.S. is high priority for all the
major portals. Lycos (LCOS: news, msgs) and Singapore
Telecommunications Ltd. have formed a $50 million joint venture to
provide local Web portal sites in more than 10 Asian countries. The
companies will hold equal stakes in the Lycos Asia venture, which will
offer local content and services in the principal language of the individual
countries.



To: Chung Lee who wrote (30737)9/15/1999 8:32:00 AM
From: ChinuSFO  Respond to of 41369
 
<"...to deliver a few more punishing body blows and see if it could loosen a few more shares from the long zealots,...">

Chung, I agree with that statement of yours. But I surely do not agree with all those who say this is the deathknell of AOL. In fact I am waiting to buy some more AOL myself, should it go down to around 80 (A big hope!!!) But surely I am not saying that AOL is dead because of free access etc. etc.

CPI looks good. The futures ticker swings from -2.40 to +9.0 in 1 minute. WOW what a swing

Happy investing folks.