AOL, now I get it Message Board

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Technology Stocks : AOL, now I get it

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To: Thom Taylor who wrote (131)	11/30/1996 3:31:00 PM
From: Xpiderman	of 496

It's not a good idea to short AOL now. Currently, about 20-15% of AOL outstanding shares were shorted, it is one of the most shorted stock in NYSE. I think the worst for AOL is over: they announced the new price planes, new accounting practice, new restructure planes and the bottom line costs of all these, institutions and small investors started to pick up or short cover this stock. The near term resistance for AOL is 37, once AOL close above 37, we will see more short covering and more short squeezing. Xy

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