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: chenys who wrote (3670)	6/27/1997 10:30:00 PM
From: Sabrejet	of 13594

Q Y, you missed my point. First of all, don't assume what I know. "In the short term u knew this dog wasn't going anywhere." I made the statement yesterday that a short term buy for a few points should have been around 55 1/2. It hit 57 3/4 today, not a major kill but still a profit. My point yesterday was that there are better shorts out there on a TA view, IMHO. I don't short stocks that have bottomed out with respect to RSI, etc... It's risky. Too risky. I've read over here the same story for years now. Do you remember this last year when it hit 22 5/8? I was on the phone, short from $28 ready to cover, I hung up, went to the store and when I called back it was at $26. Since then, here we are @54 talking about another crash! There are quite a few fund managers who believe their approach(AOL) with the advertising rev's etc... is quite dynamic and that this thing has a future. How about shorting ZITL? Talk about a smoke and mirror show! No rev's, core business is on the verge of bankruptcy, they own less than 1/3rd of a company who has yet to produce a thing in regards to Y2K and they have a market cap of $300 million!!! GO FISH - YOUR TURN!!!! Best to you in your trading! Rich

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next