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

To: sam who wrote (6250)12/8/1997 1:39:00 PM
From: IKM  Respond to of 13594
 
Bonds are getting hammered. When is it the Fed meets?



To: sam who wrote (6250)12/8/1997 3:30:00 PM
From: yard_man  Respond to of 13594
 
Looks like a squeeze today!



To: sam who wrote (6250)12/8/1997 4:45:00 PM
From: Jim Ritter  Respond to of 13594
 
Good idea Sam. I saw the same thing like this last year when 3COM was at 82. All December analysts kept giving the stock booster shots even though 3COM had a PE of 63. They just kept flagging it "strong buy".

All these momentum stocks will run out of gas in late January/early February.



To: sam who wrote (6250)12/8/1997 5:13:00 PM
From: Tim Kenney  Respond to of 13594
 
>First thing I think is -- maybe AOL is
"nudging" the street higher for a reason.<

Most definitely! The reason is that those latest option packages are struck at 80 bucks a share, so for them to have the value to which AOL execs have become accustomed, the stock has to make another leap. Don't cry for Stevie, Argentina.


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