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


To: craig crawford who wrote (7700)2/12/1998 1:29:00 PM
From: SJSharky  Read Replies (1) | Respond to of 13594
 
I'm still puzzled by the way they AOL was able to gloss over the gross margin decline, especially with the $17M reserve reversal. Discreetly moving income between quarters is OK, but reversing large reserves like this usually signals trouble.

But, hey, what do I know? Obviously nothing because the stock is up another point and a half today ;-)

I'm waiting before I jump in to short this sucker. It looks like there's nothing in the near future that will pull this sucker down.

--Ryan