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Technology Stocks : America On-Line: will it survive ...?
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To: Jingsheng Sun who wrote (37)8/17/1996 6:10:00 PM
From: grogger   of 13594
 
Jingsheng,
It's nice to see someone else who has faith in this company. I have also invested in AOL and so far I'm down a little bit on it, but I'm holding because I believe the stock will rebound. I think the 3.0 version will help the price as well as the holiday and winter seasons. I think investors recent uncertainty about the stock created a good buying opportunity. They are a quality company. There are always people who will not like the company and will short it as I'm sure most investors on this thread are. One thing that I do not like about the company though is that they do not have more local access numbers. I think this is something that needs to be improved upon. This is a concern of mine but I still think the company will do fine in the long run. They do not have over 6 million subscribers for no reason.

One other thing that should help the stock as well, is that if it does start to rally many short sellers will need to cover their positions and that should help jack up the price. I can understand investors fears but I think that the stock was sold off a little bit too much. The next 6-8 months should really tell where the stock is going. I'm just one investor who believes they will rally.

Rob
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