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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: BomboochaBoy who wrote (16)	12/28/1998 6:51:00 PM
From: Modano	Read Replies (3) \| Respond to of 41369

Here are my guesses: 01/01/99 182 01/01/Y2K 409 How did we do in after hours trading this afternoon? Modano : ) Please post the results of your survey over here on this thread if you don't mind. That is a fun idea.

To: BomboochaBoy who wrote (16)	12/28/1998 9:29:00 PM
From: tang	Read Replies (1) \| Respond to of 41369

Heard from CNBC this morning: A fund manager said all S&P index fund managers (some rules) cannot buy AOL until 12/31/98 to start matching up the S&P 500 index. This means (1) the buyings since 12/21/98 are from non-S&P 500 funds (2) sellings are from the S&P mid-cap to out the AOL from their matching index (3) buyings are also from the individuals This also means starting Thursday (12/31) heavy buyings from the index funds will push the shares to a higher ground, I would not rule out $180-$190 on 1/5/99 because AMZN splits on that day (1-3), all major internet stocks (AOL/YHOO/EBAY) should go higher. If santa-claus rally continues into and becoming January effect, AOL should gain $10-$20 points easily, a good earning news in late January should push share price to $250. I think the market is trying to put AOL in the same level as YHOO, AMZN, EBAY (share price wise), until then, AOL will keep on trucking. P/E should not be a problem, why? Internet is a new industry, it takes years for the market to accept an average P/E for a particular industry, such as financial industry, their p/e should be within 10 to be reasonable, software should be 40 to 60, hardware should be 40-50, but they all take years to become perception figures. Internet sells 'AIR', what is the P/E for AIR? it will take years for the market to figure out, before that happens, we must enjoy the market leaders, forget about the P/E for the time being. YHOO, AMZN, EBAY,... what earning? There are no earnings! At least AOL has some earning. My prediction for 1/31/99 AOL should be $250, and a 3 for 1 split to make the price acceptable to the popular individuals $80-$90/share and this should happen in May or June... My 2 cents...