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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 (6749)	1/9/1998 1:39:00 AM
From: Paul Houle	Respond to of 13594

Brent I agree the stock will trade lower at some point. The tricky question is when. I came very close to pulling the trigger when the last Q-toQ "other revenues" diminished. It took a few days, but AOL got pounded on that news, as all suspected it would. I gritted it out (but your and other posts here gave me pause), because it seemed to me there was momentum enough left in the sector to resume the upward trend. Now I await the Feb 6th numbers with interest. I won't exit before I see them. Lacking news at that point that will support strength in the stock, I'll find it hard to stay long. But I don't think that will happen yet -- there's a few more reports/positve events that will be scheduled, a split being among them. I agree with your 2 or 3 quarters max lifespan. Perhaps where we disagree is how many steps away from a precipice we are. As an aside, if I were going short in this sector, I believe there are better choices than AOL.