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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WryBoy who wrote (2948)	5/2/1997 2:34:00 PM
From: Joel Sternberg	of 13594

> Cowen's "strong buy" ahead of Monday's earnings seems rather irresponsible to me. While AOL may report break-even numbers, and the stock may indeed advance some more, the risk of total carnage is real. A responsible analyst should tell you not to trade ahead of significant reports, unless you're speculating. Don't get me wrong, there's nothing wrong with speculation, but is this recommendation really responsible investment advice?< I've given this more thought. Cowen in probably one of AOL's underwriters and has been tipped off. Through new financial shenanigans, AOL will probably beat those "low bar" numbers and another episode in pulling the wool over newbie investors eyes can commence. This is why I do not like the option game. Many of us have a common belief as to where this pig is headed, we just don't know the timing. I have a short May call and a long May put. I am hoping that by the time my account is transfered from Schwab to Brown I will be able to convert the position to a straight short.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next