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: Pancho Villa who wrote (9364)	4/7/1998 11:39:00 AM
From: Stephen	Read Replies (2) of 13594

Pancho ... I don't believe AOL will decline rapidly ... weakness seems to be seen as a buying opportunity and I have been impressed with the stocks strength in a very weak market segment. I think the main hope for AOL shorts is a gradual deterioration, day upon day. This may occur for a few days during the earnings period, but I don't think a market decline is on the cards till the second half of the year and the funds will rotate back into tech soon enough ... including AOL of course !. I don't think the fund managers will be caught shy again during the first half of the year and at the first reversal of the negative market tone, will return with a vengeance. Good luck to all ! Stephen

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