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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Smart Investor who wrote (10685)	7/20/1998 2:30:00 PM
From: Sam	Read Replies (1) \| Respond to of 13594

PaineWebber maintains Buy with target $165... news.com America Online Inc. (AOL) rose as much as 5 7/8 to 133 7/8 after the No. 1 online service was maintained ''buy'' by analyst James Preissler at PaineWebber Inc. He sees the stock reaching 165 in 12 months, up from an earlier prediction of 125. He said the company's 1999 earnings per share could be significantly higher if it keeps marketing expenses unchanged. The company's also adding subscribers, and there are several new opportunities that could expand America Online's market. Preissler expects analysts to be raising their earnings targets after the company reports results for its fiscal fourth quarter ended last month. S.