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

To: Yikes who wrote (9303)	4/3/1998 7:16:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 13594

Good article. I just covered 1000 shares yesterday, shit they have been throwing Grandma's Ira's into these internet stocks and as ridiculous as these valueations are, one has stop the bleeding while there's a little blood left. I just got back from two weeks in Japan and Thailand and believe me things didn't look to rosey over there. Wall Steet is telling us thats its just a hicup and I think Japan is close to throwing up on us. Mind you, I also thought that Aol was a screaming short @100, 105 and 116. I'd bet everyone's money except my own that Aol, Yhoo and Amzn are close to a major down correction and I sure hope that you guys that hang in there get to enjoy the ride down. I've got to be honest, these stock prices are scaring the shit out of me, to the point that I can't justify taking a long position on almost anything. Oh well, Iv'e still got until April 17th to try to get some value out of my 75 puts.