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Technology Stocks : America On-Line: will it survive ...?
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To: Andrew Furst who wrote (9882)5/7/1998 5:06:00 PM
From: J.S.  Read Replies (3) of 13594
 
Andrew,

Believe it or not, we are seeing more bullish postings than ever before. The situation on Yahoo! really strains credulity. What was
once a board dominated by bears is now full of rabid bulls many of
whom will not even accept any questioning of AOL even by other loyal
bulls (e.g. Rag-n-bul).

This is another sure sign of a top.

Many posters are basing their valuation of AOL on predictions of
the stock splits in the future. Clearly many of the investors
have no business speculating in high risk internet and quasi-internet
plays (AOL).

Good Luck,
Joe
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