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Technology Stocks : America On-Line: will it survive ...?
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To: John Kratus who wrote (5246)10/25/1997 2:04:00 PM
From: Brent D. Beal  Read Replies (1) of 13594
 
***Once the institutional wolves smell it, even a stock split won't save this bloated carcass.***

I agree with your post, but the smell of blood has been in the air before, a few weeks before Case pulled off the CompuServe deal--I lost a nice chunk of change on that one. . . Your comment about a stock split is interesting. This is the one reason I currently don't own any puts. People buying this stock are such complete morons that they would drive this thing up ten points just on rumor of a stock split, at least that's what I used to think. You may be right, though, maybe a stock split announcement would be transparent enough now that it wouldn't have much of an effect--I'm not sure that I'm ready to take that chance yet. . . What do you think on the whole timing issue?
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