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To: Eric Klein who wrote (5076)12/26/1997 6:58:00 PM
From: Alomex  Respond to of 27307
 
"Idiots Beware"

You really seem to like that word. Is just so much you.

Many do think aol and iom are bubble stocks.

And the may well be (I've said so in the past), yet, only those lucky few who shorted IOM in the month or in June/July 1996 would have made any money.

So if you want to short this bubble stocks you need two things

1) Be able to support your short for a long time

2) Build in two years growth, as this is how long it may take for your short to mature.

Sure at one point IOM was too expensive at $5 (split adjusted), but longs hung in there, and against all odds IOM did not miss a step. Today IOM would be snatched off the market on a buyout if it ever went back as low as that.

Shorts beware!