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To: Poet who wrote (1160)1/16/2000 2:44:00 PM
From: RocketMan  Read Replies (2) | Respond to of 8096
 
Oh ye of little faith :-) Just you wait. How many times has AOL been given up for dead in the last ten years? Do you realize how far they can go this time? They now own MAD magazine.

What, me worry?



To: Poet who wrote (1160)1/16/2000 3:48:00 PM
From: steve mamus  Read Replies (1) | Respond to of 8096
 
I believe that AOL was expecting about a 33-35% drop in stock price based on comments I believe made by an analyst at CNBC. If I remember correctly price of common was 72 brings us down to 48. Despite the recovery from its dismal performance for part of last year I think that Abelson's short term number of 40 is very believable especially if there is a real market correction. Old rule of thumb never short internet stocks. Probably still a rule to respect in your investing discipline. I would be careful you never know what is lurking around the corner with these "Red Hots".