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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (2653)2/10/1998 4:35:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 18691
 
I'd guess AOL would actually sell off tomorrow, but they declared a 2 for 1 split. In this market, splits seem to move stocks more than earnings!



To: Oeconomicus who wrote (2653)2/10/1998 4:40:00 PM
From: Broken_Clock  Respond to of 18691
 
zac's has 16 cents.

I think the 150 price target is based on year 2018 earnings<g>
may have to switch those puts to calls!what a joke.A deep water driller with 5 years of no cancel contracts w/cost escalation clause and 1998 earnings of $2.70 sells for $45. AOL "projected earnings" 1999 are $1.60...No wonder they are laughing at AOL.

PK


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