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

To: Tim Kenney who wrote (5898)	11/13/1997 1:31:00 PM
From: Alec Epting	Respond to of 13594

Why would Goldman's clients be ticked off? They can't convert until the stock is $104. I really don't think they care as long as they get their 4%. Maybe AOL is also giving them a set of sign up diskettes to boot!

To: Tim Kenney who wrote (5898)	11/13/1997 2:20:00 PM
From: Franco Battista	Respond to of 13594

I shorted at 59$ many months ago and managed to cost average my short up to a little over 81$. It's been painful to watch it go to 91$ on no fundamentals, only analyst hyping. I'm hoping some institutions are getting killed now. There has been distribution on this stock for the past month. The recent new hype job as the price continued to drop was a strong indication to me that more institutions were exiting. The ride down is just beginning IMO, there will be some fake rallies along the way, but I'm hanging in for 40$. AOL must be the most hated stock on SI, if it is not the analysts hyping it up, then it is AOL's PR deptartment hyping away. They've been accused of misleading accounting. I'm going to enjoy this ride! I'm sure you will too!