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

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To: Dan Ross who wrote (5705)11/9/1997 3:38:00 PM
From: Steve Robinett   of 13594
 
Dan, If you want to see something interesting, check AOL's price action in relation to its earnings announcements. Consistently, AOL runs up in advance of earnings and sells off after earnings. There must be an army of brokers out there whipping up enthusiasm ahead of earnings. We have, I notice, just had an earnings announcement and the beginning of a selloff. Let's hope it gets out of hand.
Best,
Steve
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