SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: George Bielski who wrote (8157)2/23/1998 7:50:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 13594
 
I guess we will see 150 sooner than we think!

NEW YORK, Feb 23 (Reuters) - Volpe Brown Whelan & Co said on Monday that it raised its fiscal 1999 earnings estimate on shares of America Online Inc to $1.70 per share from $1.63 per share.

-- Analyst Derek Brown said he raised his fiscal 1999 revenue estimate by $600 million to $3.8 billion.

-- Estimate increase based on higher price AOL will charge per month for unlimited access to its service.

-- Also based on additional revenues from recently-acquired CompuServe.

-- Stock up 4-9/16 to 123-9/16.




To: George Bielski who wrote (8157)2/23/1998 11:01:00 PM
From: peacelover  Respond to of 13594
 
Hi Mr. Bleiski!

They call this research! It is an insult to the definition of the word itself. This is a bozo analyst's manipulative guess to hype AOL.

peacelover



To: George Bielski who wrote (8157)2/24/1998 10:46:00 PM
From: Jason Cogan  Respond to of 13594
 
Pancho, George, and others:

Check out this chart, which shows the recent run-up of AOL and the short interest. Any coincidence that short interest is going down while the stock is rising? This (along with others like Soros who are squeezing the shorts higher) is fueling the run-up.

Is 9% short interest low enough, or will the decline in short interest continue? When there are no more shorts to squeeze, the game will finally be over. The question is when?

bigcharts.com

Like others, I am short the stock, albeit through naked call options. I still like the position however, and am waiting for signs of a break. Any thoughts?

Regards,

Jason Cogan