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

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To: goering who wrote (207)10/2/1996 1:56:00 AM
From: grogger   of 13594
 
That wasn't great news for the stock, but I thought that this was pretty much common knowledge that competition was increasing and obviously that could affect their financial position. I would assume that anybody who owned the stock would realize that risk when they bought it so I don't really understand why that sparked a big selloff today. Then again who knows with this market. I think it may have been a market overreaction. I'm hoping this does not spark another selloff, but I guess there is that possibility. We'll have to see what happens in the next few days.

Rob
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