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Politics : Ask Michael Burke

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To: J. P. who wrote (54605)4/4/1999 10:55:00 PM
From: TheStockFairy  Read Replies (1) of 132070
 
AOL is in deals for DSL.

cnnfn.com

What does AOL bring to the table?

zdnet.com

AOL growth rate?

biz.yahoo.com

And yeah, I know that no one gets excited about 34 to 51 cents in earnings, I sure as heck don't. This is a mania stock. It isn't required at the present time to show "real" earnings. Yes, it will fall, I watched it go from 139 to 80 last year.

In the absence of a market correction, this stock is going up. I can not see one possible reason that AOL will fall in price besides a market correction. This is the same feeling I have about SCH. It is going to keep going up until the market breaks.

It is easier to buy puts on companies that can implode on themselves regardless of market conditions than to fight the mania. Like you say, how can a rational person make money in an irrational market?

Is the market going to break soon?

cme.com
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