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Technology Stocks : America On-Line: will it survive ...?
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To: James F. Hopkins who wrote (3708)6/29/1997 6:26:00 PM
From: chenys   of 13594
 
Did u get the short interest from the link Rob provided? For such a beaten up dog, I wonder how would people still be interested in shorting it. Huge risk. There is no god option to play except to sell puts--no $0 put, and the longest term is August. Anyhow, it seems to me that the next real resistance is the 200-day MA which is at $4. The 200dma stays flat, much the same as 25 & 50 dma. Very possible that this is a real turn-around. I have been patient for sometime now, thinking that the 1.5GB SyJet will fare very well against its competitor. Removable disks are very useful to many people. They are bootable, u can boot with different operating system w/o having to go thru tedious configuration. More importantly, it is almost as fast as the state-of-the-art hard drive. Huge potential. A big threat to tape backup technology too. Also, u can think of putting movies and music on it. Definitely play at the speed of light if u compare it with the CD-ROM, and etc. U can hold more than two full CD in one cartridge. Like VCR.
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