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


To: Charlie Schultz who wrote (11644)10/28/1998 1:54:00 PM
From: Sam Asava  Respond to of 13594
 
Charlie:
Shorting is stock will be very hazardous to your wealth as the earning is very strong in all aspects of business plus the 2-1 split. Stock and earning upgrades have yet to come in. Shorts can loose bib bucks when AOL starts to moves.

Sam A.



To: Charlie Schultz who wrote (11644)10/28/1998 2:05:00 PM
From: LWolf  Respond to of 13594
 
Charlie... since the 2:1 split is for 11/17...
AOL will most likely hold strong and continue to rise.

What happens after the split is something else.
Most stocks have a little pullback or basing after a split.

LW



To: Charlie Schultz who wrote (11644)10/28/1998 9:44:00 PM
From: Ron Kline  Read Replies (1) | Respond to of 13594
 
I would never short a stock that had good earnings and set a 2/1 stock split. The momentum is on the side of the longs right now and going to the old highs seems to be getting closer by the day. People watch the charts and when the charts firm up it brings more people on board. In fact it seems to me hard to short any stock right now because even the dogs are showing some legs. One other note, if you short and it goes against you, realize that when they spit you now have double your short position. Then realize that spits do things to investors to make them more bullish. I'm long so probably not a good advisor to shorting but that's how I see it.
Ron



To: Charlie Schultz who wrote (11644)10/30/1998 8:13:00 PM
From: Najib Mehanna  Read Replies (1) | Respond to of 13594
 
I wouldn't short, market will be coming down soon......by puts instead odf shorting, limits your losses.......Amazing enough the insiders sold off a month ago, and as you see this stock is out of steam, a small market adjustment and it could head to sub 90'S.