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


To: Keith A Walker who wrote (10466)6/29/1998 10:50:00 AM
From: steve lipson  Read Replies (1) | Respond to of 13594
 
Similar (il)logic led to this incredibly ill-timed post from Wbendus last Dec. That was more than 140 percent ago, when there was equal reason to expect some end-of-period window dressing followed by some sales pressure.

>>Watch AOL sink in the early part of the year as investors who have been reluctant to take such huge capital gains sell their shares so as to miss selling the stock and having to pay taxes in April. AOL is a fad just like Ben and Jerry's and Snapple.<<

Message 3066152

IMHO the Internet sector is going to need something a lot stronger than reversal of window dressing to scare people out of it and cause a rotation into something new.