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

To: Jasman who wrote (12321)12/4/1998 9:15:00 AM
From: robert duke  Respond to of 13594
 
Yup, and futures are aup about 4.00 so this will be an up day. We corrected about 450-500 points. That is a pretty big correction. After this we will push to 10,000 by june 1 and then 11,000 by 99 xmas. Aol will have at least 1 2-1 split and then be at 150 again by xmas 99



To: Jasman who wrote (12321)12/4/1998 10:28:00 AM
From: Sam  Read Replies (1) | Respond to of 13594
 
Jasman,

Shorting AOL is a risky move, as previous bears margin accounts will tell you. If you were determined to short an internet play, simply because there was no "wall of worries," why didn't you choose a stock like...EBAY? Or perhaps a recent IPO?

AOL is being viewed more and more as an internet blue chip. S&P 500 rumor, Netscape deal, holiday season & e-commerce, and internet momentum all play against your hand. Best of luck...

S.


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