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

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To: dale sicher who wrote (10053)5/18/1998 5:44:00 PM
From: Kerry Phineas   of 13594
 
Dale, I think AOL can go down without the market crashing, but weakness in the market would hit AOL hard. In terms of TA rationale for the stock going down now, I have no clue other than the generic bubble blow off top/ crash scenario it seems to be following. I don't think the fundamentals are going to worsen in the immediate future- everything in the recent past has been taken as amazingly positive, and I wouldn't think it would be too hard to improve on most aspects other than the recent membership growth which is cyclical around Xmas. I have July puts, so I'd love for it to be fairly soon of course. Definitely ridiculous.
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