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

To: David Smith who wrote (10049)	4/9/1999 1:11:00 AM
From: stock_bull69	Read Replies (1) \| Respond to of 41369

Found this tidbid in Investools: "True practitioners of momentum investing favor no particular industries. They simply go where the growth is," says momentum investor Carlton Lutts. Employing this principle, Lutts recommends four companies in today's two hottest growth sectors: the Internet and the drug industry. Lutts maintains "wait" recommendations on all of these stocks because of the market's current volatility, but he also advises getting ready to buy once the time is right. His first recommendation is America Online (AOL). The largest and most profitable Internet company is also the default play for institutional investors afraid of the sector's volatility. Lutts says the number of funds owning AOL jumped from 371 to 442 in the fourth quarter. Revenues for that quarter rose 62% to $960 million and earnings grew a healthy 350% to $0.09 per share. Steve