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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Lazlo Pierce who wrote (2543)	2/9/1998 4:19:00 PM
From: Pancho Villa	Read Replies (1) \| Respond to of 18691

>>Pancho, VERY Gutsy call!! IMHO, with the nonstop strength AOL showed today, plus the very strong possibility they will announce a split VERY soon, it MAY have been more prudent to wait another day or two before adding to the position, However..... No guts, no glory. Best of luck<< David, I agree this was a bit of a Pancho Villa style move (where do you think the name comes from). Unlike an option play, I shorted the stock and I am patient but recognize that [in theory] stocks have unlimited upside potential while they can only drop to 0. Actually, according to CR they will also announce a split tomorrow but IMO we may start seeing results for this puppy sooner than we think. Pancho

To: Lazlo Pierce who wrote (2543)	2/9/1998 4:24:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 18691

Pancho, You may get a break if they miss numbers tomorrow. That would be one reason to hike the price like they did. I don't think AOL is a good short right now though. IMO AOL will not loose many accounts for the increase, and that $2/month extra income equates to about $2.50/share more income! AOL will still be an expensive stock, buy a lot less expensive than a lot of other internet high-fliers! Good luck with the short.