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

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To: grogger who wrote (218)10/2/1996 9:13:00 PM
From: Joe Gleason   of 13594
 
It very well may be, and probably is that the ANAList from Merrill Lynch likes that stock... I can only imagine the meeting... She was told all of the wonderfull plans that would pull them out... All while his/her head was spinning trying to grasp it!

Reminds of Peter Lynch's book.. When he passed on buying the gap stock @ $5.00 and waited to all of the analyist said it was a deal @50... only fall to the Teens!.. (I am not sure on the name of facts, but the story is there).. His point is ANAList are behind the times, and out for there own interest!

But bottom LINE: The pressure is ON: And a LOT of INCREDDBILE things have to come off with out a hitch to make the stock really take value: Yes- you can make money on AOL: IF the craze to own the stock UNJUSTLY overwhelms people again.. Which it will likley do.. But that IS GAMBLING... I'd much rather put my LONG money on companies that are solid PE's with a SOLID strategy- not adrift in the game of chance..

Remaining Short with options!

Joe!
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