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


To: swoboda4 who wrote (34045)11/13/1999 12:24:00 AM
From: Brian Malloy  Read Replies (1) | Respond to of 41369
 
Thanks for the heads up on the article. I have put the link up below for the rest of the thread to CNBC. The thing I really like is the analysts thoughts regarding what happens to AOL when it breaks resistance at $150. My sentiments exactly.

Will Holiday Shopping Drive AOL Higher? by Frances Hong
Technology Reporter "AOL is the leading Internet brand, and it will get a lot of benefit this season." -- Steve Weinstein of Pacific Crest Securities

...
Since mid-October, AOL's 10-day moving average is about 142. Its rally this month has been on lower volume.
What does this mean from a technical standpoint? Brian Belski, chief investment strategist at George K. Baum, says AOL's breakout will occur at about 150. "The naysayers are going to be throwing in the towels because they don't want to miss this rally. People are going to be jumping in once it breaks this important level."
...
cnbc.com