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Technology Stocks : America On-Line: will it survive ...?
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To: Paul W who wrote (10434)6/24/1998 9:35:00 PM
From: Keith A Walker   of 13594
 
Still short and it is becoming a little painful. The heady days of summer are still ahead, yet, I have to believe that AOL is topping out. Even if earnings came in at $0.30 for Q2, AOL would still be an exceedingly expensive stock. AOL's market cap exceeded Kodak's this week, does that make any sense?

Does anyone have any insight to the IIX (Internet Index) ? Trades on the American for around 350+. I am intrigued by buying some puts out for Nov or Dec. Are AOL and YHOO components?

Thanks for the info, Keith
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