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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Neil_L who wrote (4540)8/7/1997 11:21:00 PM
From: Roger A. Babb   of 9285
 
Neil, unless the market tanks tomorrow, I expect AOL will go up. Using the twisted logic of today's investors, restating last Q results to a loss will increase the sequential quarter growth rate and thus justify a higher price based on projecting that growth rate into the future.

Actually I think AOL is a very good short, but the market does not seem to agree with me.
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