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

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To: Estephen who wrote (4092)7/21/1997 5:10:00 PM
From: James F. Hopkins   of 13594
 
Wayne; Thanks of the tip , Were Billionaires go I try to avoid,
they play in a way, that if you try to follow their act you can get
eat alive. (1) hsni does not look to be there to make real profit, but looks to be one of thoes tax write off companies, that give the "BIG" investors a lot of "perks".
(2) Once you are a billionair tax free "perks" are a big
thing. Chances are if he bought enough he will be given the inside
dope, and early info so as he will know when to short aginst the box.
(3) The Big investors can make the dough on the volitility of a stock,
the little investor is left in the dark untill his pockets are picked.
(4) The company has been around long enough to have a P/E better
than it does..the high P/E seems to be a habit.
-----------------------------
Jim


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