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Technology Stocks : America On-Line: will it survive ...?
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To: Labrador who wrote (7877)2/14/1998 9:31:00 PM
From: prakash   of 13594
 
Bob, nothing keeps going up up and up. Sooner or later the reality hits the street and the market gives a fair value for the stock. How many example do you want me to give you? MU, SHVA, ASND, COMS, PAIR, ... As I mentioned earlier, a high flying company like AOL -can- keep going up up and up, if it can prove itself by coming up with impeccable earnings every quarter -not by cooking up books-, by real earnings. They have already warned the street about the next quarter, how they would try to meet the low end of the street estimates for the next year. You just can't keep flying high on low fuel.

What goes up on hype must come down.

Prakash
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