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Technology Stocks : America On-Line: will it survive ...?

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To: Balanageswaran Angappa Chetty who wrote (1974)3/3/1997 9:27:00 PM
From: david andrew phelan   of 13594
 
chetty,
well the stories are adding up. this latest legg mason article
in barrons was enough to push aol into the 40s. do you think
we will get to that magic 45 anytime soon. i do. next look
for lehman bros. to reiterate their strong buy rec for the
umpteenth time like we dont allready know their position.

i have no position now and am generally bearish on aol
but the market just refuses to shoot this three legged dog.
well im not going to sit here and fuss about how aol aint
worth 40 bucks. count me in. im riding this train.
i hope it passes 50 soon then ill get off and go short.
what are your thoughts?
dp
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