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Technology Stocks : America On-Line: will it survive ...?
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To: Hawk who wrote (7787)2/13/1998 9:07:00 AM
From: sam  Read Replies (2) of 13594
 
FWIW (admittedly not much), I think that AOL (the stock) will be under a lot of pressure in the short term. But that doesn't mean the price will necessarily go down. Not yet, that is. My guess is that if AOL opens up it will subsequently fall for the day. And if it opens down, it will rally again -- possibly reaching 120. Analyst meeting: there will be a lot of good reviews (Mary Meeker has already said it was great, but she is keeping her outperform rating intact), but the major players will be starting to sell as the little guy buys up the shares. We'll see.
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