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

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To: Glenn D. Rudolph who wrote (8992)3/23/1998 8:06:00 PM
From: Larry J.  Read Replies (3) of 13594
 
Glenn,

Nice to see good company on the AOL thread. I took a position today. As I see it, the cracks in the dam are starting to appear with the recent downgrade and continued ISP's attacking AOL market share with much lower rate plans. AOL defied a down market today, but will IMO not be successful in doing so much longer.

I agree with Hawk that AOL (YHOO, AMZN, ELNK, etc.) are highly manipulated but when the music finally stops....and it will, the ride should be very rewarding. As a long time ASND shareholder ($40's on down) I feel for all you shorts in @ much lower prices and in particular hope this thing turns real soon for you.

Techs look they are in for rough sledding tomorrow with CS earnings (below estimates) and QNTM warning. Granted this usually means that AOL goes up, but then again this time might be different.

Larry
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