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Technology Stocks : America On-Line: will it survive ...?
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To: William H Huebl who wrote (1817)2/24/1997 11:05:00 PM
From: Jim McDermott   of 13594
 
Hi Bill

<... of course what THEY (who is they???) always tell you to do is watch what happens to the stock on bad news. So far, NADA.>

I think this theory has merit, however most of the 'bad news' on AOL to date has been successfully 'spin doctored', so I'm not sure it's been a good test of the theory. Today's revelation of a class action suit for insider trading may be a good test though.

Jim
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