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

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To: Harry Larson who wrote (3478)6/18/1997 9:51:00 AM
From: James F. Hopkins   of 13594
 
Hi HARRY; <G> Well put him Connecting;' Buffet to AOL is the joke of
the day, she is juised up by the monentum funds and hype..but do not
underestimate hype..hot air can take these things way up..keep
your powder dry..if she starts down, and falls below her 50dma,
then they will run for cover , and she will tumble lowerthis next
time than she did last year.
Another thing the bulls have paid no heed to is she has gne from
her famos 8m subs to 6.2 m subs..and she depndent on neubies ,
and first time computer buyers, first time buyers are now off,
gate is warning of poor demand..in the consumer market, dell
survives by gov contracts, the one thing that could save AOL,
is if the US GOV decided to help her out and gave her a big
contract hooking up all the Gov..do you think that could happen ?
Well I guess it could, they helped out ADR..at our expence.
Jim
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