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


To: steve lipson who wrote (5660)11/7/1997 1:06:00 PM
From: Tim Kenney  Read Replies (1) | Respond to of 13594
 
>AOL appears to be bucking the negative trends of the day connected with continued Asian market
instability and an unfavorable US jobs report, both of which were pieces of news after the Instinet close.<

Oh, will just ignore that little blip that occurred after the market closed yesterday. OK.

Perhaps I can clarify something for you. The fact that the Asian markets can have an impact on many US companies that are neither directly nor indirectly related to Asia in their business ops, is because a recognition of the vulnerability of overpriced markets. AOL already registered this recognition yesterday on instinet. Still, I am sure it can bounce back on the winds of Wall Street, momentum investors, and naive retail investors. However, it still ain't going to make the ad revenue that ain't there, suddenly appear.