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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: choban who wrote (4076)	7/20/1997 8:16:00 PM
From: CLAUDE JOHNSON	of 13594

I wouldn't go so far on the MSFT comparison ... in fact ... I wouldn't go there at all. The reasons for the MSFT decline IMO is the 20 point increase prior to the decline. Two problems here: 1. Run up to earnings, Sell on news. 2. Disappointment that earnings didn't beat the street by 2000%!! Nothing is good enough in this market. Crazy buys on earnings coming out. Crazy sells no matter what the news. IBM may be a little different (like INTC was) only because their P/E is reasonable @ ~ 15. But MSFT was doomed no matter what the report IMO. In fact, I wrote myself a note to buy MSFT puts the day of their report, but didn't have the guts to put the order in! Oh Well.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next