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Technology Stocks : America On-Line: will it survive ...?
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To: Glenn D. Rudolph who wrote (10172)6/4/1998 8:57:00 AM
From: Keith A Walker   of 13594
 
Analysts have this funny habit of pumping a stock as they are dropping it. I don't give a hoot about these types of statements:

AOL: ABN-AMRO has reiterated estimate for long term EPS growth of 65.00% per year on 06/02/98

What really matters are the money flows. Are institutions buying or selling? This is what really makes a difference on a stock like AOL. The little guy will get suckered in with all of these analysts' recommendations and then get hammered when the rug is pulled out from underneath in a frenzy of institutional selling.

Can't even come close to forecasting that day, but it may be on the horizon with AOL. "Let the buyer beware"
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