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Technology Stocks : America On-Line: will it survive ...?
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To: Ob C Qwe US who wrote (6404)12/15/1997 11:47:00 AM
From: Tim Kenney  Read Replies (1) of 13594
 
Today's action just goes to show how this stock is all momentum. Last week, the market blithely ignored the fact that ATT was thinking about buying Teleport and WebTV was teaming up with MCI. Today though, on no news and an up broad market, the stock is getting kicked. Go figure. Reality will eventually sink in, but God only knows when. I refuse to get confident about today's move. It could be reversed by a couple of reiterated reiterations.
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