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Technology Stocks : America On-Line: will it survive ...?
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To: LordDarley who wrote (1915)2/26/1997 11:48:00 AM
From: Joel Sternberg   of 13594
 
>I'm starting to feel a bit like a pussy for having sold shares at 36. Is anyone thinking that these guys, who
created a multibillion dollar company with chutzpah, are a bit smarter than the average bear?

Regards<

I would hardly think that AOL is just a whipping boy of the average bear. It has a huge instituional short interest. That's some big bears. I have a lot of respect for the intelligence for Case and company for being able to "game" Wall Street so well, not for their fifth iteration of a still floundering business model. Still, I won't argue that $100 million is a nice shot in the arm regardless of the dubious nature of it.
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