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No one knows if AOL is going to go back up, or go on down, but, one thing is
for sure, the stock is WAY over priced, even now, after a 50% correction,
competition is heating up, what with more and more ISP's around, and, the
fact is, AOL is probably one of the worst ISP's one can be on (no offense to
u people using it). I tried it once, and could not believe how rediculusly
slow everything was while using it. As more and more people wake up to the
fact that AOL is not the only ISP around, it will probably slip farther and
farther down. Kind of like what happened to IRIDIUM. Way overpriced for
the service it was providing. Especially if more ISP's start GIVING away
their service! I would submit a reasonable price for the stock should be
about $15 or so, maybe a little less.
Matt
----- Original Message -----
From: R.E.Turner <r_e_turner@xxxxxxxxxxx>
To: Kohath <kohath@xxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxx>
Sent: Thursday, September 16, 1999 2:42 PM
Subject: Re: Aol - Going Down?
> There could be a retest of the July low for AOL. One black weekly
> candlestick doesn't really seem to mean much except another buying
> opportunity. Though your money might be tied up until November. If it
was
> the third "crow" in the three black crows pattern then AOL might be a good
> short, but too risky at this point. So it seems every point or so down,
> more weak hands are being bought out and eventually the stock will have no
> place to go but up.
>
> Russ
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