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

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To: PAL who wrote (6182)12/4/1997 12:08:00 PM
From: Steve Robinett  Read Replies (1) of 13594
 
Pal, The entire upgrade frenzy on AOL seems to me a perfect example of broker-driven research, as opposed to research independent of the sales process. AOL is easy to sell to individual investors and institutions, brand-name internet stock, etc. The "research" helps them make the sale. The reasons given for these recommendations are weak at best, but obviously no one's paying much attention to AOL fundamentals.
Best,
Steve
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