SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jason Cogan who wrote (11216)9/5/1998 11:56:00 AM
From: Gary Metzer   of 13594
 
Jason,

re: But without another test of the DOWs lows and a replay of Monday's panic, I don't believe we will see any rapid erosion of AOL's share price.

Would you consider the ensuing two hours after you posted your message as "another test of the DOW's lows and a replay of Monday's panic"?

I saw the retest due to fear of Latin America and Brazil situation (down hard) and then POW!!! slingshot effect back up. From -200 to -40 so quick, and this BEFORE a 3-day weekend with lots of uncertainty.

I'll go out on a limb and say Tuesday is going to be mighty nice.

Don't forget, the world economy usually follows America's lead, not the otherway around. As long as the US economy stays healthy, we'll pull the other economies back up.

Happy Investing.

Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext