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

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To: Raiders who wrote (934)1/4/1997 8:56:00 PM
From: david andrew phelan   of 13594
 
raiders,
your assessment of our friend pit vipor, i mean VenturaBay
is right on. i'm convinced he is a sociopath who is lucky enough
to not be locked up by now. the only reason i still read his
nonsense is because his illness intrigues me.
now to more important stuff.

technically aol is a good trading stock. it's long term outcome
is therefore less critical to me. they may indeed be a good long term
investment but the ride will be bouncy. plenty of big time investors seem to be bullish on them and who am i to argue with them. however, i see plenty of acute short term problems in the here and now and i look on any runnup as a good short opportunity. i have already done quite well with this strategy. i was glad to see the stock up 2 points yesterday. a few more days like that and it will be prime short opportunity. in this mid 30 range however it looks too risky to gamble either way to me. just look at the historical trendline. who can really predict long term move from here with definite certainty. there are just too many variables.
i'm just waiting and watching at this time.
dp
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