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Technology Stocks : America On-Line: will it survive ...?
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To: Tom Lu who wrote (4058)7/18/1997 6:11:00 PM
From: J.S.   of 13594
 
I was looking at %D and it looks like it has a few days left to
decline further. The wildcard is earnings. No date. No warning?
What do you think? I hope there will be a selloff before the
earnings announcement. I mean, if they beat estimates then they
are still overpriced and the upside is not great short term. If
they lose money or have severe cash drain from operations then
even the optimists will have to rethink the situation.

Better sell before earnings. Thats right. If things are not
too bad you'll have a chance to buy in again probably at
a lower price. Also, shorting before earnings could be
very tempting. Remember last summer.

Thanks for your input Tom.

Joe
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