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

To: Jules B. Garfunkel who wrote (11324)	9/28/1998 10:31:00 AM
From: robert duke	Read Replies (2) \| Respond to of 13594

If we figure out the earnings which are .55 for the last 12 months we should see a stock price at least around $150 before the next earnings release. Then after earnings are release we should see a 3-1 split and then the stock will climb back up to $150. Next year this time the company will earn about 1.50 per share. so if they do a 3-1 split the earnings for next summer or fall should put the stock price where we are now at about 118 per share.

To: Jules B. Garfunkel who wrote (11324)	9/28/1998 10:36:00 AM
From: Steve Robinett	Read Replies (1) \| Respond to of 13594

Jules, <<It depends now on how the analysts who follow AOL interpret the results of the SEC ruling>> By the stock action so far today (up), I'd say the market read AOL's numbers as good, that is, $.23 impacted by a one-time charge for acquired R&D. We'll know that AOL has finally grown up when they use straight up accounting rather than slight-of-hand. Still, AOL's going higher, probably up to at least $140/shr. Best, --Steve