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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (2938)	1/19/1999 6:54:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 41369

Even if the "virtual" float were ten times the true float, I still am not concerned about finding new investors. Keep in mind that we are at a sea change in the type of AOL investor. Up to now it has been the person going after huge returns at high risk with an internet flyer. Now it will transition to a more typical investor, going after growth with moderate risk. There are many more investors of that type, and better investors, than the former. About the shorting and trading that goes on through these firms, what do you think the impact of this is? Also, I have never understood why people worry about borrowing shares when there is so much naked shorting going on. Maybe that is peculiar to the Nasdaq, and especially the OTC, but I have not seen too many shorters worrying about having to borrow shares.