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Technology Stocks : America On-Line: will it survive ...?
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To: Johnathan R. Bowden who wrote (1305)1/30/1997 5:52:00 AM
From: Curtis Philips   of 13594
 
<<I too am dumbfounded by AOL's resiliency.>> Wall Street in general has no guts when 37 attorneys generals come after a company. The announcement of a settlement -- ANY settlement -- will create a knee-jerk bounce of relief.

The big money guys will try to prop up the value for a while so they can liquidate their positions, then they'll let it tumble.
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