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

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To: William H Huebl who wrote (1937)2/26/1997 10:43:00 PM
From: LordDarley   of 13594
 
< I fear the entire complexion of the AOL thread will change in the next month or so as those disenchanted bears drop out of sight after having lost a pile in shorts, puts or what have you...>

Bill, like you I see more positive than negative in AOL. However, your prediction about the complexion of this board changing as bears lose money is a bit flawed. I think that very few of these folks have real money invested in their "short positions." It's mostly good natured banter.

When real money is involved, intelligent investors will try their hardest to see the other side of an argument. Generally, people don't do this on this board. Since these are intelligent people for the most part, I have concluded that the actual dollars they have invested must be quite small and this is mostly just for fun.

Regards
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