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


To: Hawk who wrote (7906)2/15/1998 11:47:00 AM
From: sam  Read Replies (2) | Respond to of 13594
 
There was another article about AOL in Barrons, if I recall correctly. Somewhat more positive. I must confess, I hope AOL shoots up to 150 Tuesday -- so I can short it at the highest possible price. I'm still angry at my brokerage house for being unable to secure the shares for me to short at 117. Hoping to get another chance, but not holding my breath. Good luck to the longs in locking in fantastic profits (don't look a gift horse in the mouth). And to the shorts whose day (I tend to think) is about to come shortly.

Anybody else notice this coincidence? Merrill Lynch pulls out of deal with Hambrecht and Quist (due to possible investigation over spinning practices) and Merrill Lynch is the only house to voice somewhat negative views on AOL's latest report.



To: Hawk who wrote (7906)2/15/1998 11:51:00 AM
From: Steve Robinett  Read Replies (2) | Respond to of 13594
 
Hawk,
Falling margins, disappointing growth in advertising and commerce revenues, skyrocketing costs, insiders jumping ship, a triple digit P/E, newspapers and broadcasters (Barron's and Brinker) beginning to raise questions about valuation, potential subscriber revolt, possible loss of market share--a gem like that can do nothing but go up.
Best,
-Steve