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


To: Dennis J Baltz who wrote (11806)4/20/1999 2:31:00 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 41369
 
Dennis I have looked at that site on a few occasions and I think it's really more of a novalty then a tool.

Be careful of placing any bets based on it, although I do find it interesting.

Thanks,

Vendit



To: Dennis J Baltz who wrote (11806)4/20/1999 2:42:00 PM
From: Kevin Podsiadlik  Respond to of 41369
 
It claims to be 95% accurate.

I looked at these guys last summer and didn't find their projections terribly useful. I think I finally figured out how they make that 95% claim. Take, for example:

projected about 135 for an aol close today

If AOL closes between 128 1/4 and 141 3/4, the figure will have been inaccurate by less than 5%, ergo, 95% accuracy!

Especially given the number of stocks that almost never move more than 5% in a day, IMHO a chimpanzee could be 95% accurate given that metric.