America On-Line: will it survive ...? Message Board

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

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To: Robert Giambrone who wrote (3860)	7/7/1997 10:34:00 PM
From: James F. Hopkins	of 13594

Hi Robert; I didn't bite today..got some other things going, your Aug at least gives you some time, but AOL is in an uptrend and hard to play short. Her support for the time being is around 55, but she could test 65 real easy..her last swing up was a fast one, so she didn't build a lot of base. Worse thing about her is all the shorts you can't do what every one else is doing and expect to make much. And the money behind AOl knows how to pick off the buy stops. In fact the shorts do the most to keep driving her up. AS every time they get picked off by the boys pulling the strings, the masters not only cover they pick up more shares for free. Let the shorts stop paying her and she will crash. Hardly no stock can crash with a lot of shorts out to cover. Jim

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