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To: sun-tzu who wrote (141807)	1/5/2002 9:43:55 AM
From: Oblomov	Respond to of 436258

Thanks, Mike... I would never blame a bad trading decision on someone else, particularly someone on this board. I just appreciate the fact that we have a place to share knowledge and opinions. That said, I never took a position in AOL.... it's just one of the hundred or so stocks that I watch on a frequent basis. I did have a short position in it back in January 2000, right after the merger was announced. Somehow, I was able to borrow shares even though all of the merger arb guys were trying to borrow at the same time. I'm neutral on the stock, but I agree that most of the bad news is out, and that it has the potential to ramp... but then, AOL was never really affected by the tech downturn per se (more by the reduction of corporate advertising budgets), so it makes sense that it wouldn't move in sympathy with other tech cos. To say that AOLs valuation is lofty would be an understatement. This doesn't mean that the stock will fall, but I don't see what it's engine for growth will be, either.