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

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To: Pancho Villa who wrote (9257)4/2/1998 1:19:00 PM
From: Bald Man from Mars  Read Replies (2) of 13594
 
Pancho my man:

Just back from an emergency trip to Mars ...
The rumor of my expiration is greatly exaggerated, may
be my options or my portfolio did expired, but I am back.
Are there any changes to our crazy stock market ???
It looks like it just got crazier.

These internet stocks are driving me crazy, their valuations
are totally insane.
AOL is $75 and shows no sign of slowing down.
All the internet stocks are up sharply today, in the face
of the collapse of one of its own, Security Dynamics, at the
current time, down 1/3 from yesterday's close, amazing...
I suspect the same thing will happen to AOL sooner or later,
a 1/3 haircut will put it back to $50, still overvalue but
hey, it is an internet stock.

Anyways, I wish your portfolio is not suffering a -2% return
everyday like I last talk to you.
I personally have to regroup and get more ammunition to
fight this uphill battle.

Good luck to you.
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