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Technology Stocks : America On-Line: will it survive ...?
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To: Bald Man from Mars who wrote (7228)2/9/1998 5:21:00 PM
From: Rocky Reid   of 13594
 
I have long been an admirer of AOL stock. I bought some a few months ago at $78 and sold at $98.

Wall Street simply adores this issue. The company, although reportedly well-run by a top-flight management, is hindered by a business model that is dog crap.

In the past few months, I have warned shorts not to get into AOL, as they would get burned. Today was the Shortseller Flambe Especial. However, I highly recommend selling tomorrow before the market closes, and AOL reports their numbers.

I expect the AOL numbers to be good. I also expect the stock to sell off.

I will be shorting tomorrow.
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