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Technology Stocks : Who audits AOL's membership numbers?

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To: Val who wrote (14)3/27/1997 8:55:00 PM
From: Thom Taylor   of 65
 
Hey, poor fundamental don't matter to this stock. I've been
following it too long. It is totally news driven. Fundamentals
don't effect it. They have had poor fundamental for a long time.

This is such a goofy stock I suspect if the dow drops 700 points AOL
will rally to $65 and I'm not joking. Bad news only retarts its
upward movement. Good news or postive comments from brokerage houses
shoots the stock up like a rocket. Look at any chart and then compare
the dates of 2%+ move up and you'll find a brokerage firm saying
something nice.

I do options so can't afford to wait someday for bad enough news to push
this stock down. As a matter of fact I will sell you my
April 25 put contracts. I have 6 of them. I bought them after I saw the
light.

There is no convincing me AOL should drop but it doesn't matter.
I've studied lots on Technical analysis and AOL breaks trading
rules. Knowing this has turned me into an AOL bull even though I
still hold puts.

TT
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