SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry J. who wrote (7661)2/12/1998 1:27:00 AM
From: Andrew Shih   of 13594
 
Larry,

The problem with shorting AOL is that it is the leader of the
internet stocks. Because of all of the money on the line, the
institutions will do everything they can to support it. Once
AOL crashes, that whole sector will come down like a house of
cards. If/when that happens, however, is anyone's guess.

I'm neutral on AOL as a company, and very cautious on the stock.
That's why I'll stick to shorting companies like AMZN who have yet
to make any profit. Does anyone truly expect AMZN to have 1 Billion
in revenues by 2000? That's almost as sad as when MU had expectations
of $9 in earnings a few years back.

-Andrew
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext