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To: Skeeter Bug who wrote (6447)6/17/1998 5:13:00 PM
From: Paul Merriwether  Read Replies (3) | Respond to of 164684
 
<<

my oh my. there is go overestimating corporate america's intelligence again ;-)
>>

you said it man! AT&T wants to buy aol at these hyper-inflated prices
and aol refuses to dance! f***king incredible.
I aint shorting no more internet stocks. Till today I felt that I
was a sane person in a herd of mo mo buy buy gamblers. I have been
wrong. Fundamentals really don't matter anymore. These guys are out there
trying to carve out empires for themselves, w/o any regards to
earnings.
Its going to play havoc with shorts(amid these speculations and
coverings).
I am now considering going long on aol(which I shorted and rode up from 53 to 63
until I got stopped out). Please save me from my irrational implses!
:^)