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

To: SJSharky who wrote (7998)	2/19/1998 6:33:00 PM
From: Pancho Villa	Read Replies (1) \| Respond to of 13594

>>Just my 2 cents. And that's what my Mar 90 puts are going to be worth if today's price trend continues. I still believe that this stock is way overvalued, but usually I am wrong anyway. We need some bad news...now!<< Sharky good points. I have to finish my analysis. I have not read any of the notes yet. I rather look at the numbers before reading the "massaged" comments. AOL numbers are not as bad as others I have seen but they are definitelly WAY overpriced. If you look at a MSFT, INTC, VTSS, these are companies who don't need tricks to show strong results. I guess aside from the short squezze what we are seen is an overreaction caused by return from heavy losses to a bit of profits. The fundamental for AOL look pretty bad despite the expected market growth and their leadership position. Pancho Pancho