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


To: rhet0ric who wrote (9329)4/4/1998 5:35:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 13594
 
I can see a stock being rigged short-term, or even medium-term, but ultimately real
earnings (or lack thereof) will bring it back to earth. Then all the money that went into
puffing up the stock will deflate it just as much. I want to be there for the deflation.


rhetOric,

I am short AOL as I mentioned before. All my internet shorts moved against me last week. I have been trying to determine if their any findamentals to support any of the prices. My conclusion is no during the short term. It appears AOL is in a unique position to capitalize on bidding wars to be the provider of choice for various companies in various industries in e-commerce. I feel the price of AOL stock is ahead of itself but it appears possible the fundamentals may soon exist to support this price. The subscirption revenue by the users seems as though that will not be an event of significance in the long run. Any thoughts from anyone?

Glenn



To: rhet0ric who wrote (9329)4/5/1998 11:45:00 PM
From: Dom B.  Read Replies (1) | Respond to of 13594
 
Here you go Rhett -

beartracker.com

Might have general answer to why AOL keeps rising?

StockDetective.com, i visit it whenever i have time.

Not selling AOL, Rhett. I don't like/hate the co or mgmt.
The market (aka specialists and mms) keeps rewarding
the stock with lofty p/e's, and i never argue with them.
Long or short, if my position's loss approaches 10%,
I'm out. Just that simple. Hence, if aol trades at 67++,
it's bye-bye.

I see a couple of guys just now with tremendous loss,
one in at 61, the other at 64...no way..i'd reverse course
on a dime!

Good luck, Rhett..perhaps AOL might weaken a little bit
before they announce their ever increasing subscribers,
and put on more positive spin, be careful, hear?

Good night...//dom