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Technology Stocks : America On-Line: will it survive ...?
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To: RagnBull who wrote (9904)5/7/1998 9:53:00 AM
From: Keith A Walker   of 13594
 
Probably a good idea to be "a little nervous". Given the lackluster open on the stock $89-11/16 doesn't exactly bode well for longs (nor shorts) the message the market is sending, in my view, is something like: "Well, we like the earnings report, but, we are still not convinced that what we are paying for the stock is really worth it."
Holding is probably not a bad idea, but, any hiccup in the market or from AOL and this puppy comes back down to earth.
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