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

To: Brent D. Beal who wrote (6337)	12/11/1997 11:31:00 AM
From: yard_man	Read Replies (1) \| Respond to of 13594

Top ten guesses why AOL is up today. Let's get started. 10. Frank Sinatra soon to be singing on-line?

To: Brent D. Beal who wrote (6337)	12/11/1997 11:31:00 AM
From: Sowbug	Read Replies (3) \| Respond to of 13594

<<AMZN doesn't have any exposure to the Japanese capital market, I'd better buy. Holy mother of spam, VIAS doesn't do any business in the North Pole, so they won't be affected by the increasing ozone problem, I'd better put in an order right now! Etc. Etc. >> The difference is my grandma has never heard of those stocks, and you haven't had every major brokerage in the country covering them for the last 3 years. AOL is an institutional stock, and the others aren't. So AOL was most likely among the companies I know to be the target of the much-ballyhooed "flight to safety." (Actually, my grandmothers are dead, but you get the point.)

To: Brent D. Beal who wrote (6337)	12/11/1997 11:38:00 AM
From: IKM	Respond to of 13594

As everyone here knows, I can't time worth beans, but I can't imagine the internet stocks remaining immune to a contraction of multiples if the market and specifically the tech sector corrects. Case is ballyhooing the international subscribers, which implies that much of the growth of AOL is expected to come from overseas. But the promoters of this stock insist that AOL will be unaffected by the Asian contagion. What am I missing? (besides half a brain?) The big jump of AOL, given the quantity in a very short time, tells me that a single institution made a very big buy. There was little room for the momentum players to jump on. Will it keep climbing, or is someone still trying to prop the price?