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Strategies & Market Trends : Shorts waiting to happen
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To: prosperous who wrote (295)7/21/1996 9:24:00 AM
From: Dave Rebok   of 852
 
Am also looking to short AMER on a rally. it has fallen far already but still overvalued. They earn more than half their mony on chat(from me too) but i think the internet will have good chat shortly for free. hope SI gets it! Anyway, new $20 a month price will drastically cut profits from chat heads who now have $100 plus bills. And i see nothing but downward pressure on subscriber rates from here. Should fall into the teens eventually. Feel positive earnings statement made Friday was hope and hype.
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