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Technology Stocks : America On-Line: will it survive ...?
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To: jack rand who wrote (8221)2/24/1998 7:15:00 PM
From: Kerry Phineas  Read Replies (1) of 13594
 
Jack, there are also the people who have leveraged investments in tech stocks; another of their companies with big time exposure to Asia gets hit, they'll be more likely to sell their AOL. Or if tech mutual funds start getting massive redemptions again, this time as a result of fears of trouble in Asia for semi and related companies, it hits AOL. Also, there's the fact that AOL and YHOO should (?) correlate strongly. If Softbank does have very serious problems and is forced to sell YHOO stock(I think they own 40%), it should have an effect on AOL. I can think of a million indirect reasons.
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