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Technology Stocks : America On-Line: will it survive ...?
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To: Option Player who wrote (1288)1/29/1997 5:02:00 PM
From: Joel Sternberg   of 13594
 
To ALL: Has AOL pulled another rabbit out of its hat? I must be missing something. It seems so obvious to me that AOL is a dog that could only be sustained at such lofty levels in the mother of all bull markets. I don't think even a venture capitalist would touch this thing. Anyway, I'll stick this one out as long as I have to. Just look at Netscape. Nobody wants it now. Their lapdog underwriter even reduced it to a hold. But, AOL still needs lots of money, and as long as that is the CASE, Wall Street will love them 'til death.
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