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: Glenn D. Rudolph who wrote (9095)	3/29/1998 2:44:00 AM
From: Stephen	Read Replies (1) of 13594

Glenn ... thanks for the kind words. Of course the paradox I find is that the more sound and intelligent the investing strategy, the greater the deterioration in results !. As for Amazon, I heard an analyst say that one of the main reasons for its success was that it had a great Web site and that anyone who used it once would always use it again. Personally, I was always looking for a good reason to short this one and almost did when it lost its AOL position to Barnes and Noble. I don't know what it will take to bring these stocks down, but IMHO I think they are too dangerous to short and a real gamblers play because they don't depend on fundamentals. Good luck!! Stephen

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