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

To: RocketMan who wrote (2810)	1/17/1999 12:43:00 PM
From: Jorge	Respond to of 41369

RocketMan...This piece from Cramer probably has something to do with why he sold all of his YHOO last week (although he has said he will be buying in later, even if at a higher price) and held at least some of his AOL....AOL has revenue dropping to its bottom line, real earnings. Keith Benjamin, who's Internet commentary I follow closely, says if he had to pick only one Internet stock to own it would be AOL...Friday he said AOL is creating the kinds of alliances/deals that will allow it to grow into its P/E.....I'm not so sure about many of the others. As far as AOL not moving up on this latest Bell Atlantic news, I would say we could have a delayed reaction to this in the near future...The delayed reaction could come even as late as the Quarterly Earnings Report, when investors realize just how MUCH positive things AOL really has implemented, things that will be additive to the bottom line... Of course the real proof-in-the-pudding will come when these deals are actually reflected in future bottom line Earnings Announcements..The Bell Atlantic deal is just the beginning of positive news, solid news. Regards, George