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: James F. Hopkins who wrote (4062)	7/20/1997 10:54:00 AM
From: Richard Makowiec	of 13594

<<<If you missed it you missed it,going after more down side now is like falling in the same trap she set 3 weeks ago, looking for her bottom now around 60.>>> Yep, you got that right. No telling about when another reverse will initiate at this point. Personally, I believe it was run-up by the boys for either(or both) of two reasons: 1. "Pump-up" the AOL price in order to pull off the CSRV aquisition. At this point, due to the run-up of AOL stock, a deal "Inked" would basically hand CSRV to AOL for free (as opposed to a deal inked back at the $45-50 range). 2. The "boys" are pumping it up to allow AOL to make another offering. This will put some serious cash in AOL's pockets. Could be a note offering by AOL too...I don't know at this point. As far as I'm concerned AOL should not be played for a down move until one of (or both) of the above events occur. AOL (management) has aided this trend-up -via- "hype" news releases and other means(witholding sub.#'s, etc.) I feel confident that at some point in the near future AOL is deserving of a reward for trading at this level, so far all it has received is the "Glory" of it's stock rebounding in the markets. Once AOL benefits in a "Major" way from this trend-up...I think the "Party" at that point will be over and I may decide to play it then. Until then I think, Like James mentioned, more tricks may be near soon. BTW, take a look at the below link and witness a sample of how the"Boys" play tricks almost everyday (near the bottom of the article): stockdetective.com Rich (waiting for AOL to be rewarded...)

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