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Technology Stocks : America On-Line: will it survive ...?
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To: gmccon who wrote (10534)7/1/1998 2:07:00 PM
From: J.S.  Read Replies (1) of 13594
 
Look buy on momentum or technicals or whatever other nonsense.
You just better have an exit strategy. AOL could go up to 120
by next week. Then again if we get a crisis anywhere in the
world or wake up to the fact that a worldwide recession/depression
is not wished away by the fact that Japan cut taxes, what holds this
stock up?

OK it is held up to a certain extent by the fact that even at these
prices it is a better value than the other "greed" stocks. When they
fall watch out.
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