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Technology Stocks : America On-Line (AOL)

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To: HECTOR RUBERT who wrote (19492)6/1/1999 6:04:00 PM
From: Bridge Player  Read Replies (5) of 41369
 
Dear Mr. RUBERT:

<< To give you all a little perspective. If AOL goes down below $100, can anyone tell me what would happen to all high PE stocks like EBAY,LCOS,YHOO,PCLN and AMZN?

Their stocks will go on a free fall....margin calls will be forced...online broker sites will melt-down.....investors will loose billions...many will file bankruptcy......consumer spending will slow to a crawl...businesses will incur millions of losses due to lack of sales...earnings will drop.....layoffs will follow......unemployment will rise to double digits...and this precious economy will be in the toilet......>>

And all this because AOL goes down another 14 or so points? And they accuse ME of spreading fear? Give me a break....

In my opinion, this was truly an obscene post.

BP.
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