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: Najib Mehanna who wrote (5921)	11/14/1997 4:02:00 AM
From: PAL	of 13594

to all you idiots who shorted aol.......I bought in today at 65 and I am enjoying every minute of it aol at 68.25 and rising go baby I would rather be an idiot and make money. Enjoy your 3 1/2 points gain. Thursday trading High 71 Low 64 and close at 68 1/2 on 4.712M shares shows weakness in the stock. While most high tech stocks closed higher than the morning high, AOL closed 2 1/2 lower than the morning high on heavy volumes. A lot of distributions. AOL is still under pressure, smart fund managers will realize how desperate the company is in need for working capital so it can meet daily operating expenses. The exit doors will be jammed, so don't be so complacent and think that AOL long term is rosy. Najib, a few of us have ocean properties in Arizona that you can buy real cheap. Good Luck. PAL

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