SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (28388)8/5/1999 11:19:00 AM
From: larry  Read Replies (2) | Respond to of 41369
 
I never buy the concept of AOL better than MSFT. AOL is indeed better than MSFT in only one way that Steve Case is a very shrewd dude sure knows how to hype his stock. But AOL is not going to die and at mid 70s, it's a decent short term trade. I covered my short at 78 and went long at that level. I think that low 70s should mark a short term bottom until the day AOL gets another huge blow in its face.

Actually we are seeing sharp reversal so far. If the employment data comes out okay tomorrow, and AOL is able to stop bleeding, I will call this a intermediate bottom.

good luck,
larry