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

To: Larry J. who wrote (7661)	2/11/1998 11:37:00 PM
From: the Druid	Read Replies (1) \| Respond to of 13594

I checked the Asian market indices and found HongKong -1.5% Indonesia -7.2% Japan -0.65% Malaysia -4.18% Philipines -2.34% Singapore -2.02% South Korea -3.13%. This may help take some present off the shorts' foreheads.

To: Larry J. who wrote (7661)	2/11/1998 11:44:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 13594

<< Craig, just like it was going to be too late for the COMS longs before the stock went up 1 1/8 today? >> You fail to mention that I covered Tuesday morning. I sat back and watched it rally a measly point or two from the sidelines. Today was official bottom fishing day. Biggies like DELL, INTC, and MSFT were all down and CSCO was flat. Losers like COMS and SEG rallied due to hype by people like Cramer. COMS is just about the only thing that hasn't participated in the rally so it was bound to get a little "sympathy" money. Even the disk drives like SEG, WDC, and QNTM are up 3-4 times as much as COMS is in the last 3 weeks. In the last 20 days COMS is up 6% while QNTM, SEG, and WDC are up 27%, 26%, 16% respectively. If it wasn't for the rally today COMS would barely even be up in the last 3 weeks. My view hasn't changed and I will stick by it. You can take your measly 1 1/8 dead cat bounce. The nasdaq is up about 150 points in the last few weeks and COMS is essentially flat. Believe me I am salivating at the chance to short it tomorrow in the 34's. So don't try to taunt me because COMS moves up a point when I'm not even short right now.

To: Larry J. who wrote (7661)	2/12/1998 1:27:00 AM
From: Andrew Shih	Respond to of 13594

Larry, The problem with shorting AOL is that it is the leader of the internet stocks. Because of all of the money on the line, the institutions will do everything they can to support it. Once AOL crashes, that whole sector will come down like a house of cards. If/when that happens, however, is anyone's guess. I'm neutral on AOL as a company, and very cautious on the stock. That's why I'll stick to shorting companies like AMZN who have yet to make any profit. Does anyone truly expect AMZN to have 1 Billion in revenues by 2000? That's almost as sad as when MU had expectations of $9 in earnings a few years back. -Andrew