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

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To: jack rand who wrote (8530)3/5/1998 4:04:00 PM
From: H James Morris  Read Replies (1) of 13594
 
AMERICA ONLINE INC(AOL)
Bid: 116 1/8 BidSize: 5 Open: 114
Ask: 116 1/4 AskSize: 20 Close: 113
Last: 116 3/16 High: 116 13/16 Div.: 0.00
Change: +3 3/16 Low: 114 Yield: 0.00
A.High: 125 P/E: 221.57 Volume: 2359400
A.Low: 38 5/8 EPS: 0.51

CISCO SYSTEMS INC(CSCO)
Bid: 62 1/8 BidSize: 10 Open: 63 3/8
Ask: 62 3/16 AskSize: 12 Close: 65 1/4
Last: 62 3/16 High: 64 15/16 Div.: 0.00
Change: -3 1/16 Low: 61 1/8 Yield: 0.00
A.High: 68 1/2 P/E: 50.98 Volume: 15788400
A.Low: 30 1/8 EPS: 1.28

The reason I've posted Cisco and Aol is look whats happening.
What we see here is two of Wall Streets darlings.
This the first correction in Csco since I shorted it @65, a tough one to go against, because of all the fundementals it had in place.
Now, to the Aol hype, as previously posted the Street is bidding Aol up on >$1000pc to add Mils of new subscribers, Asia woes not a concern to Aol, new Aol Coo attitude, ' profits are Aols only objective f---k the customer, where else can he go?'
If you have the patience and $$ this one is headed for a major puke!!
albeit one might have to wait for the split. Never underestimate the buying appeal of a split!
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