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

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To: James F. Hopkins who wrote (3232)5/26/1997 5:28:00 PM
From: chenys   of 13594
 
Jim: I got CSCC buit not ASND. ANSD I thought was good. But I heard that networking in general had not been in too good a shape nowadays. Business has been slow, according to some employees. However, there will be a time for rebound, and I feel the the recent up trend has been too steep.

About AOL,one should try to play puts than shorting at this time. Loss is limited, but when you win, the gain is enormous. And diversify. Anything that jumps off a cliff has to be at the cliff first, and it is doing it now. Any small investor long this dog now will get burnt as much as those who started to short it at 22-23. When the hype is rampant, it will move violently and the reverse will be drastic. Watch cafully in the next few days and weeks. It will be exciting again!

Best luck to you and ALL.
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