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

To: Pancho Villa who wrote (9364)	4/7/1998 10:24:00 AM
From: yard_man	Respond to of 13594

I don't know, but we are both in the same camp. I'd like to see it around 50 or so by May expiration. Sure would love to see YHOO stumble in its earnings report.

To: Pancho Villa who wrote (9364)	4/7/1998 11:39:00 AM
From: Stephen	Read Replies (2) \| Respond to of 13594

Pancho ... I don't believe AOL will decline rapidly ... weakness seems to be seen as a buying opportunity and I have been impressed with the stocks strength in a very weak market segment. I think the main hope for AOL shorts is a gradual deterioration, day upon day. This may occur for a few days during the earnings period, but I don't think a market decline is on the cards till the second half of the year and the funds will rotate back into tech soon enough ... including AOL of course !. I don't think the fund managers will be caught shy again during the first half of the year and at the first reversal of the negative market tone, will return with a vengeance. Good luck to all ! Stephen