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Technology Stocks : America On-Line: will it survive ...?
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To: sam who wrote (7982)2/18/1998 12:36:00 PM
From: RLM  Read Replies (1) of 13594
 
I'm short on AOL, but I covered yesterday at 111 13/16. AOL will fall but the is going to be a spurt when the stock splits. It may go down some in the next week, I suspect the market is going to have to sell off at some point. Also the market will take a little hit when we go into Iraq. And AOL's game will catch up to them, they are not a monopoly like Microsoft and there are many bigger companies that can and will take market share from them, Att, Microsoft, the other regional Bell companies, cable companies, as well of many smaller companies that offer the same service at a cheaper rate. Anyone who buys this stock at this price will be sorely disappointed when the institutions start to dump when they take their profit.
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