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: Chi-X who wrote (1523)	2/7/1997 12:19:00 AM
From: Thom Taylor	of 13594

AOL reminds me of a Fairy Tale called The Kings NEW Clothes. All the analysts, brokers, fund managers, (the kings court) told the king the clothes looked wonderful! It wasn't until the king, so proud of his new clothes was marching around the Kingdom that a little boy in the crowd asked why the King was walking around NAKED. When the crowd (the rest of the stock holders) realized he was NAKED the crowd started pointing and laughing. And that's when AOL's stock came tumbling down. Moral to the story is when you see a stock parading round the Kingdom with no earning and everyone in the King's court is touting it. Sell it short or at least buy some puts. TT

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