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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Mengistu ejigu who wrote (5250)3/19/1998 9:27:00 AM
From: Oeconomicus  Read Replies (1) of 18691
 
Ej, yes, ML downgrades AOL to neutral. Comments about valuation and slowing growth due to price competition. The question is - Will it rise 5 points just because it was mentioned on CNBC or will YHOO rise 5 points because YHOO/MCI was the price competition they mentioned? Forget that YHOO gets none of the subscriber revenue (as I understand it), any AOL sellers have to put their money somewhere, right? Yippee!

Bob

PS: Note that I made these predictions, not Pancho. His always come true and I'm generally wrong. Hope my streak continues.
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