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

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To: sam who wrote (8651)3/8/1998 3:14:00 PM
From: Bald Man from Mars   of 13594
 
<<FWIW, unless we get some bad news in the short run in AOL, we will see
more fast upside until a big drop. I have a feeling that the last big push
up will be very painful for the shorts. For whatever reason, a number of
large institutional investors actually believe that AOL is the future of the
internet. So far, at least in terms of AOLs stock price, they have no
reason to doubt this belief. Once they do, though... BTW, I am neither
long nor short AOL.>>

The price is probably going to continue going up.
But we do not know where the bad news is going to be, a write up
from Wall Street Journel or Barron's, a downgrade from one of the
analyst, events that shut down AOL for a few hours, subscribers
revolt against rate hikes, there are so many things that can
trigger a landslide ...
You have to be very nimble to catch the last upmove because it
is going to be fast and furious, I expect the downturn to be the
same though ...
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