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: rhet0ric who wrote (9329)	4/4/1998 5:35:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 13594

I can see a stock being rigged short-term, or even medium-term, but ultimately real earnings (or lack thereof) will bring it back to earth. Then all the money that went into puffing up the stock will deflate it just as much. I want to be there for the deflation. rhetOric, I am short AOL as I mentioned before. All my internet shorts moved against me last week. I have been trying to determine if their any findamentals to support any of the prices. My conclusion is no during the short term. It appears AOL is in a unique position to capitalize on bidding wars to be the provider of choice for various companies in various industries in e-commerce. I feel the price of AOL stock is ahead of itself but it appears possible the fundamentals may soon exist to support this price. The subscirption revenue by the users seems as though that will not be an event of significance in the long run. Any thoughts from anyone? Glenn

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