SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve lipson who wrote (5354)10/30/1997 1:13:00 PM
From: IKM  Read Replies (2) of 13594
 
If this market climbs back to the levels of early last week within a few days, it will be the shortest correction on record. How likely is that to happen? Corrections usually start with a big shock and then slowly erode value, until there is a shift in general sentiment. Valuations are always relative. Those wishing to protect their capital will continue to pull money out of this market for a while. There will be some hard thinking this weekend. If you're a long and staying that way, you better hope that AOL has sterling earnings next week, or the wounds you've already suffered could get a lot worse as gangrene sets in.

There are no waves of selling just now. It might be a good time to discretely sidle over to the exit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext