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

To: Sonny who wrote (4250)	2/2/1999 7:08:00 PM
From: robert duke	Respond to of 41369

Well lets put down the numbers. AOL will earn about .55 by this time next year. So if we take .55 x 300 which is a lower pe than it is now. This would put the stock price at 165 post split. I had a target of about 150 post split at the end of the year. I really don't think this stock is going to sit long. Let do it another way. The stock split at the ed of the month asuming it holds at 160 then the price after the split would be at 80 per share. So for us to hit 165 the stock needs to move up at about 8 1/2 dollars a month to hit our 165 target. And that is not including feb. So we are on track. We could bottom at 160 the hold in that range for a while.