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


To: Technician who wrote (11056)4/17/1999 7:56:00 AM
From: ChinuSFO  Read Replies (1) | Respond to of 41369
 
<<....but in the short term I do see it trading at 100.>>

Technician, AOL has had a good runup in the past 4 weeks. The recent drop in AOL is not a result of valuation or fundamentals change. Rather, it is the options expiration which is around 140. And the MMs succeeded in closing it around that value. Come Monday, it will experience a runup till earnings which is expected to be around April 27.

Let's hold off on the doom and gloom of AOL.



To: Technician who wrote (11056)4/17/1999 10:57:00 AM
From: robert duke  Read Replies (1) | Respond to of 41369
 
Well I don't see it trading to 100. But I think after earnings the pe will drop from about 650 to 400. Which is still to high. I still think that we will get a 2-1 split or maybe a 3-2. Either way earnings will be good. The stock was at about 77 at the beginning of the year. So we were up almost 100% in 4 months. But I think this stock need to sit between 135-155 for a month and let that pe to cool a little. I think we will see 200 by the end of the summer and on to 300 by the end of the year.