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: Brent D. Beal who wrote (6332)	12/11/1997 11:18:00 AM
From: Sowbug	Read Replies (2) of 13594

Well, I detect a little bit of a tone in your post, but filtering that out, you're close to my thinking. I'd prefer to state it as follows: Everyone was waiting in October (actually, since 1994) for a huge market crash. So in October it starts happening and everyone sells like crazy. Then everyone realizes "Wait a minute, this isn't turning out to be a real big-time crash; rather, it's due to a very specific event: the Asian meltdown. Whew, glad it wasn't 1987 all over again. Hey, now it's time to look for some bargains -- after all, the U.S. economy is still intact. Hmmmm, which companies don't have a significant Asian exposure? Aha, AOL!"

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