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

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To: John Kratus who wrote (5389)10/31/1997 8:48:00 AM
From: Zoltan!  Read Replies (1) of 13594
 
from today's Briefing.com:

"We are in the process of wringing out the excess now... We have a ways to go...
Particularly in the computer systems group, where some analysts are just coming to realize that increased competition and inflated valuations aren't a good mix... Surprisingly, a couple of Internet companies have fared relatively well during the sell-off... But in a market where established industry leaders are getting marked down significantly, this trend won't last... Look for sellers to set their sights on AOL and Amazon.com any day now."

Regards
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