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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (5371)10/30/1997 7:47:00 PM
From: Bob Kimball  Read Replies (2) | Respond to of 13594
 
Mohan; good call on distribution! This distribution top is not all that different from the one last June... well, they never are all that different. Last time around the post-distribution fall was worth almost 60%. Very possible again. Do you know how many days-to-cover the short interest was in early June '96? It would be interesting to compare to today's figures. My guess is that the number is lower today. That last gap-up and follow-thru to $91 probably took care of a lot of AOL shorts.