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Technology Stocks : America On-Line: will it survive ...?
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To: chenys who wrote (3252)5/28/1997 12:58:00 PM
From: Allen Plyler   of 13594
 
The chart says AOL should continue to climb. This stock will not stop until it reaches a new all time high.

It is a simple reason why. Brokers can push the idea that this is an "internet play" and people will buy. The product doesn't matter, this is the touted number one service, and all competition is easily written off as not "really" competing with the content of AOL.

The push will not end until an earnings disappointment brings relief or a slowing of subscriber growth emerges.
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