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Technology Stocks : America On-Line: will it survive ...?

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To: Bob Kimball who wrote (9256)4/2/1998 12:04:00 PM
From: Kerry Phineas  Read Replies (1) of 13594
 
Bob, why do you think it bounced so hard today and yesterday? Its because of taking losses quickly. The generic feeling that the stock would crack once the tape had been painted for March led a lot of people to short at the end of March with stops; people just ran through the stops. (I think. This makes sense to me, though.) These last two days have definitely been a squeeze bonanza.
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