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

To: J. P. who wrote (8571)	3/6/1998 4:38:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 13594

AMERICA ONLINE INC(AOL) Bid: 120 3/16 BidSize: 1 Open: 118 1/2 Ask: 122 5/16 AskSize: 1 Close: 116 1/8 Last: 121 1/2 High: 121 7/8 Div.: 0.00 Change: +5 3/8 Low: 117 11/16 Yield: 0.00 A.High: 125 P/E: 227.70 Volume: 2211400 A.Low: 38 5/8 EPS: 0.51 Wow! Us shorts love to have our vitals squeezed and boy is this a squeeze. This could only happen in America. OK, what's the point. (1) Logic doesn't apply here, (2) Don't get in front of a moving train, even if you know, its going to sooner or later run out of diesel, (3) Never underestimate the buying appeal of a momentum stock going into a split.