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Non-Tech : Any info about Iomega (IOM)?
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To: KM who wrote (41392)12/23/1997 2:11:00 PM
From: Rocky Reid  Read Replies (4) of 58324
 
>>What about AOL???? Losing only half of its value under those circumstances would be its goal, and far more likely!<<

There are just too many Big players who are in love with AOL. It's almost a rigged game at this point. It cannot go down much, regardless of what happens. It has never scored a profit, so there is little worry about not meeting numbers. Wall Street is in love with AOL, and its possible dominance over the computer-connected future. It would take Q after Q of disappointing numbers, and Q to Q proof of subscriber droppoffs for AOL to go down appreciably. Institutions hang onto AOL stock. Look, even during this latest tech meltdown, AOL hung in there tough and strong. Now, it is set to march upward as the market turns upward.
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