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


To: craig crawford who wrote (7562)2/11/1998 11:29:00 AM
From: Paul Merriwether  Read Replies (1) | Respond to of 13594
 
Craig
I think that the short interest is not quite as huge as you assume.
There have been many casualties in the run up from 33 in the past 9 months!
Anyway, things coulda been worse. Atleast its staying around 114.
Its coulda been 124 by now(after all it is about to split. omigosh!).



To: craig crawford who wrote (7562)2/11/1998 11:38:00 AM
From: RLM  Read Replies (1) | Respond to of 13594
 
Craig,
There will be a sell-off by this Friday. The market has risen over 600 points in the last two weeks. If you are short in AOL now is not the time to cover.



To: craig crawford who wrote (7562)2/11/1998 11:28:00 PM
From: Larry J.  Read Replies (3) | Respond to of 13594
 
Then when AOL is at 150 next week and it is really getting ridiculous they will unload their shares to your broker who is buying you in because you have a margin call.

But by then it will be too late for the shorts


Craig, just like it was going to be too late for the COMS longs before the stock went up 1 1/8 today? Granted a day does not make a trend, but to see you long on AOL after establishing a short position gives me a very comfortable feeling.

Larry