America On-Line: will it survive ...? Message Board

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

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To: Willy who wrote (4406)	8/10/1997 3:51:00 AM
From: CLAUDE JOHNSON	of 13594

Watch where you kick ... could be very painful indeed. Shouldn't get down on yourself here. AOL has no business being anything other than BIGTIME DOWN in any market, much less a down market. I knew the market would be down on Friday .. I was looking for just shy of 200 points! With that knowledge, and the AOL report, as well as their position in the market (so unbelievably overvalued), I was ready for a 6-8 point immediate drop!! What I ended up with is a small profit because I was stopped out on the way back up in my biggest put position. AOL down 1 1/2 on Friday is like IBM up 10 pts. to me!! Not that this means ANYTHING, but it does express my frustration and my comiseration with you and all other AOL bears! I Logged your call for monday and friday in the contest log.

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