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

To: Bald Man from Mars who wrote (9302)	4/4/1998 12:41:00 PM
From: J. P.	Read Replies (2) \| Respond to of 13594

< I guess the internet shorts burnt a hole in my freaking pocket.> I'm waiting for the Nasdaq to turn ugly again (it always does doesn't it?) before shorting these. I think I'll pick one of the weaker ones (like LYCOS or Excite) althought I think YHOO is grossly overvalued at this point (even though it's a damn good web page). I saw the CEO of Yahoo on CNBC and he even seemed mystified at the bloated market cap. The current trend is way to powerful to go against at the moment I think, but some day the worm will turn and I will be ready to pounce on these like a hungry pit bull pounces on a raw T-Bone steak.