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Technology Stocks : America On-Line: will it survive ...?
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To: Brent D. Beal who wrote (5182)10/23/1997 2:58:00 PM
From: MW  Read Replies (2) of 13594
 
Brent; I'm sure another thing you're very tired of is watching the bulls make a ton of money while you have lost alot. Is aol overvalued? At this point I'm not sure but you've been carrying on about this for at least the last 40 pts. The name of the game is to make money. Whether aol has been going up because of fundamentals or because of momentum is irrelevent. The "bigger idiots" are those of you who have shorted this stock in the face of all of this upward momentum. The idiots who have bought at 40,50,60,70,80 are all firmly in the black. Whether the idiots who are buying now make money is anybody's guess but to go against the tide was and is the wrong move. If it turns out that the bears are right about the co. there will be plenty of time to watch for a stong downturn to jump on to and I will be jumping on with you but to try and guess the top here is futile and you have obviously been very wrong for a long time.
MW
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