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Technology Stocks : America On-Line: will it survive ...?

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To: Dick Ross who wrote (1213)1/27/1997 8:50:00 AM
From: Joel Sternberg   of 13594
 
>Long and wrong....for the moment. If I here another negative story on CNBC by that no nothing loser
Bruce Francis I'm personally going to travel out to Jersey and kick the crap out of of someone at that
network. I thought journalists were supposed to be impartial.<

I have to give you that one, Dick. I have never in my recollection seen a network pound the table so many times over the same story. You would have thought they had "broken" the story. Still, as a short (put), I cannot say I mind.

>Anyway, I bought some more stock today at 36 1/8, right where it closed. While I'm not in love with the
stock, I am in love with profits, and I know AOL is going to do me right.

Additionally, I thought you might want to know that there are rumors amongst the hedge funds that
Disney will be making a bid for AOL.<

I work for a hedge fund, so we are in the so-called hedge fund community. We have heard no such rumor. In fact, I believe that hedge funds are some of the biggest short sellers of AOL? Care to elaborate on your point?
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