America On-Line: will it survive ...? Message Board

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

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To: James F. Hopkins who wrote (2608)	3/30/1997 4:50:00 AM
From: chenys	of 13594

Is it the Comet Hale-Bopp again that causes all the confusion? All I know is that AOL's behavior now is like when it was at 60-70. Since she never made a penny, then why should any one care about the earning that does not even exist? Don't even talk about the fundamental. Simply irrelevant! I am sure everybody is looking at the same chart that is on a microscopic uptrend right now, but that is what is good about it. All shorts are scared, all longs are complacent, awaiting it to go to $55. I saw the recent intraday high of 48 as the variant of 55 they were talking about. It is over. My view is a bit theological, I can not tell you exatly why I think this way, but the recent movement suggested to me that it is on the verge of breakdown. This is not physics, mind you. chen

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