America On-Line: will it survive ...? Message Board

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

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To: Kerry Phineas who wrote (9043)	3/25/1998 6:57:00 PM
From: Stephen	Read Replies (1) of 13594

Kerry, I have a very small long position, so its really not worth any hedging mechanism. Its actually one of my better performing stocks - I've just thrown any rationale out the window ... can't argue with results. It may fall hard one day ... but there will be one or two warnings cause weakness seems to be taken as a buying opportunity these days. I don't have the googlies to short this one ... I think you have to be incredibly lucky with with the timing ... and that wouldn't be me!!. Good luck to all !! By the by ... the ISDEX has had a slightly accelerating downward bias for over 9 days ... so that may support your short positions. On the other hand, this stock doesn't seem to have taken too much notice of what else is happening (see ... it makes me argue with myself !!). Still see the stock as strong through month-end!!

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