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Chatfield Dean & Co. Inc. raises investment rating on America Online Inc.


GREENWOOD Greenwood.

1 City (1990 pop. 26,265), Johnson co., central Ind.; settled 1822, inc. as a city 1960. A residential suburb of Indianapolis, Greenwood is in a retail shopping area. Manufactures include motor vehicle parts and metal products.
 VILLAGE, Colo.--(BUSINESS WIRE)--Jan. 27, 1997--Chatfield Dean & Co. Inc. has raised its investment rating on America Online See AOL.  Inc. (NYSE NYSE

See: New York Stock Exchange
:AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ) to Strong Buy from Buy.

Recent price weakness due to negative press is not justified. Chatfield Dean & Co. Inc. estimates strong subscriber growth, and growing sales from high-margin sources such as advertising and Internet commerce, will push AOL's stock price to $80 within two years.

Analyst: J.D. Padgett, vice president/research

--ttp://www.chatfield.com

KEYWORD: COLORADOF 415-986-4422 or 800-227-0845; LA 310-820-9473

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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 27, 1997
Words:102
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