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

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To: choban who wrote (4076)7/21/1997 1:33:00 PM
From: Tom Lu   of 13594
 
I agree, by looking at the volume, I don't think AOL would stop at $53-55 support line, if it rebounds at that level, it's sure another chance for shorting!
BTW, I attended a seminar from Paine Webber yesterday, their analyst said AOL "way overvalued", "rediculous", especially at this market level, they also recommended "shorting" as a strategy of protecting yourself.

my 2cents,

Tom
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