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

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To: steve lipson who wrote (3571)6/24/1997 8:09:00 PM
From: James F. Hopkins   of 13594
 
Steve if you read my post you would know I said they may both die
in a death struggle, one thing for sure she is going to eat out
of the same plate AOL eats outa..that is bad news for AOL..period,
AOL is cooked goose..by this time next year you be lucky to get
$8 a share..no profit, no profit, no profit, 2cent from telsave..
but wipe out ALL BOOK VALUE GONE...trickle in a few dollars here and
there , but burning cash like billy be gezess..CEO already alluded
to making a secondary offer to raise more cash..what fun that'l
be..
Don't sell, hold your shares , hold em..anmd hold em like all the
brokers tell you hold em..like they told every one who had
Borland, and Novel, and AshtonTate , and Lotus..all of them ten
times the size of AOL..all of them turned profits..all of them
sold at one time more that AOL ever got to..ALL of them nothing
but has beens leaning on one another..I could make you a list
a mile long..Intel..and MSFT..are the only ones in the field
that have not really bit the dust..hell even IBM..went from
higher than she is now back in 87..to $43 and it's taken her
10 years to come back..10 years to break even if you held that
long..hold , hold, hold...you will get one winner out of maybe
20 or 30 in techs, so that one better go way to heck up and
it better be one you hold. I can see AOL selling for $1000 a
share sure..can..but easyer to see her at $10. <G>
Jim
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