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Technology Stocks : America On-Line: will it survive ...?
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To: Sam who wrote (4182)7/28/1997 4:05:00 PM
From: J.S.   of 13594
 
..the reason for the decline is a downgrade from Merrill Lynch
from accumulate to neutral. Not this so called news from WSJ. Enjoy it while the price comes down..

You're my kind'a bull, Sam. Once the news is out on the wires, we
should see some nice downward action. Accum to neut from Merrill
is probably the most significant downgrade of the recent past.

I think AOL can certainly be a strong business in years ahead.
They certainly understand the economics of the online/internet
business (something CSRV is clueless about). The stock is overpriced
(period)

Joe
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