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


To: Smart Investor who wrote (9734)5/4/1998 7:50:00 PM
From: Raymond  Read Replies (2) | Respond to of 13594
 
I agree that it's unusual that a CFO comments on stock price. I don't know what he's up for, but I see a strong sign that he didn't sell recently, and he's not going to sell for some time. AOL stock is high enough for its CFO to make a fortune. He should not risk going to jail by promoting the stock while quietly selling it, unless he's downright stupid.

Raymond

a bull on AOL



To: Smart Investor who wrote (9734)5/4/1998 7:56:00 PM
From: Raymond  Respond to of 13594
 
More on CFO comments:

Wishful thinkings as a bull:

1. He values Advertise/other business at 20x revenues(not earnings!). This is only reasonable when he thinks the business will grow rapidly.
2. THis quarter is gonna be good. How stupid would he look if the stock drop 10 points while he said it's worth $60 more?

Well, again, if one thinks the CFO is an idiot, this is a perfect time to short (or buy puts to get better sleep).

Raymond