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

To: Uncle Frank who wrote (10615)4/14/1999 12:32:00 PM
From: Technician  Read Replies (4) | Respond to of 41369
 
DOW has gone from 10000 to 10500 that tells me
that a lot of money is going into the market,
the techs have been flat to down, that tells
me that money is flowing out of techs, INETS
are not techs and have faired well EXCEPT AOL.

I think that MOMENTUM players are not chasing
AOL any more and may bring it down to 125 after
earnings, AOL is trading with a downside bias.
It should still run-up to 175 before earnings
but I think it will face HEAVY SELLING thereafter!



To: Uncle Frank who wrote (10615)4/15/1999 9:56:00 PM
From: Voltaire  Read Replies (4) | Respond to of 41369
 
Uncle,


I honestly feel we will see $165 to $170 before earnings and I feel if AOL splits we will be back at this level in six months. If AOL does not split, AOL will lead the Internet reversal to the tune of about 20 to 25 percent. Longer term it is UNDERVALUED!

Voltaire


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