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

To: Jason Cogan who wrote (10113)	5/26/1998 11:38:00 AM
From: Bob Kimball	Read Replies (2) \| Respond to of 13594

Gap opens, lower closes. Probably squeezing any new shorts as they come in and letting the rosy-glasses crowd have all they want. Makes AOL a good day short, however. Who knows how long the pattern will persist, but until then it's tradable. AOL's lofty valuation days are numbered. All this jockeying smacks of a controlled distribution leaving the stock in weak hands, ripe for a good fall. Remember even Bruce Lupatkin of H&Q even said a week or two ago he wouldn't be an owner at these levels.