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

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To: Sowbug who wrote (6335)12/12/1997 12:18:00 PM
From: Tim Kenney   of 13594
 
>Everyone was waiting in October (actually, since 1994) for a huge market crash. So in October it starts
happening and everyone sells like crazy. Then everyone realizes "Wait a minute, this isn't turning out to
be a real big-time crash; rather, it's due to a very specific event: the Asian meltdown. Whew, glad it
wasn't 1987 all over again. Hey, now it's time to look for some bargains -- after all, the U.S. economy is
still intact. Hmmmm, which companies don't have a significant Asian exposure? Aha, AOL!"<

I suppose that is why the Russell 2000, which has almost no Asian exposure, did so well yesterday?
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