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: Najib Mehanna who wrote (10967)	8/5/1998 1:44:00 AM
From: SouthFloridaGuy	Read Replies (2) of 13594

780% growth? So does that mean if I make 1 cent one year and then 8 cents the next year, I am justified say I have 800% growth? Posts like that have recently have done alot of disservice to people. Reminds me of the morons who were buying those portal stocks like Lycos at $85 (the price I shorted at). I suggest you take a class in valuations and perhaps technical analysis. Touting this stock to $120 because of this earnings report is absolutely absurd. And if it does go to $120, call it a dead cat bounce. I like AOL long term, but if you think you can make 100% annum you have another thing coming to you. AOL is growing but its growth rate WILL taper as will it's stock price growth. The stock will be a buy after a correction. Every stock needs a shakeout. Admit that and you'll be one step ahead of the game.

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