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: Larry J. who wrote (7661)	2/11/1998 11:44:00 PM
From: craig crawford	Read Replies (2) of 13594

<< Craig, just like it was going to be too late for the COMS longs before the stock went up 1 1/8 today? >> You fail to mention that I covered Tuesday morning. I sat back and watched it rally a measly point or two from the sidelines. Today was official bottom fishing day. Biggies like DELL, INTC, and MSFT were all down and CSCO was flat. Losers like COMS and SEG rallied due to hype by people like Cramer. COMS is just about the only thing that hasn't participated in the rally so it was bound to get a little "sympathy" money. Even the disk drives like SEG, WDC, and QNTM are up 3-4 times as much as COMS is in the last 3 weeks. In the last 20 days COMS is up 6% while QNTM, SEG, and WDC are up 27%, 26%, 16% respectively. If it wasn't for the rally today COMS would barely even be up in the last 3 weeks. My view hasn't changed and I will stick by it. You can take your measly 1 1/8 dead cat bounce. The nasdaq is up about 150 points in the last few weeks and COMS is essentially flat. Believe me I am salivating at the chance to short it tomorrow in the 34's. So don't try to taunt me because COMS moves up a point when I'm not even short right now.

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