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

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To: John Howell who wrote (1579)2/8/1997 7:48:00 AM
From: chenys   of 13594
 
Remember that AOL thrived on rallying stock to make up for its losses.
Short sellers have to watch all those analysts who are cooperating with its executives. Remember, do not mix a shit company with a shit stock.

Also, Steve Case's brother, as I remember mentioned on the Wall Street Journal at least six to eight months back, was a H&Q CEO or some high level exec. H&Q was AOL's underwriter.
Still remember while AOL was going on to 71?
Alex Brown AOL analyst kept on upgrading, Lehman Brother's also put it as the simgle best idea ever!

And they said "The take-out value is 100!"
(Remember Richard Worthington was saying about MU, --"can't find any other company better than this, raise 76 earning to 12 dollars....",
then DRAM wentg broke, MU fell from 90's to the teens--- in proportion, AOL should thus be in the 15 or lower.)

What are these bulls (or were they?) going to do? Poor small inverstors who got conned into being long it. Sounds like buying into
MU while Vinik was selling it.
Were there any lawyer who is interested in going after AOL's stock manipulation, I can certainly help pointing them to all the evidences, especially the price movements
around the option expiration dates.
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