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


To: Hawk who wrote (8066)2/21/1998 2:09:00 PM
From: Brent D. Beal  Respond to of 13594
 
Just some thoughts:

1) part of the increase in time is due to the advertising--waiting for all that junk to download is a pain in the ass and the more of it there is, the longer people are going to be online. . .

2) regardless of any rational fundamental analysis, this stock is just going to keep going up as long as the fantasy of AOL actually making some real money is still viable--a nice flattening out of subscriber growth coupled with a margin squeeze might do it, but then you never know. . . What is for certain is that sentiment will change and given that fact that this company has terrible fundamentals, the results will be ugly. I've been predicting doom for nearly 6 months, though, and I've been surprised that AOL has held on this far, so who knows how long this may last. If I remember right, the famous tulip craze lasted for nearly 2 years. . .