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

To: Ploni who wrote (7973)	4/28/1998 9:07:00 AM
From: Bob Trocchi	Read Replies (1) \| Respond to of 18691

Charles... >>AOL thinks its shares are cheap<< I noted your post as I also saw it and wondered why a CFO would do that. Who knows? I also wonder how he can be so precise. $149.50!! In any event, as a contrary view, I also saw this today. Given enough time maybe both will be able to claim victory! >> America Online Stock shed 1 5/8 on Monday... Though firm announced that it is satisfied with street estimates of $0.12 for Q3, stock likely to slide further over short-term as divergence between stock price and long-term moving averages are historically wide (even for AOL)... First support is in mid-60s... Near-term weakness will prove long-term aggressive growth investors a good opportunity to (en)enter the long-side of this Internet juggernaut... Should be noted that Lehman reiterated its buy rating on the stock yesterday and upped its price target from 75 to 90.<< briefing.com Good Luck. I still have not done anything with AOL Bob T.