Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: William F. Wager, Jr. who wrote (13534)	2/1/1999 10:35:00 PM
From: Joe Brown	Read Replies (2) \| Respond to of 13594

If I may...the surfeit of stock split news and M&A activity (paid for with inflated stock)is a symptom of a major market top. I've been reading posts on SI for all the internet and major computer technology stocks over the past few days, and what strikes me is the uniformity of bullish (unbridled bullish!) opinion. Why did AOL drop "like a stone"? Look at the action in YHOO and AMZN today, then ask why the internet works; it works because a cheaper product is only a click away. When the average guy figures out what is really going on here, there will not be enough phone lines at E*Trade to let the masses out. I hope I'm wrong, because what's coming is going to decimate my portfolio, too... Thanks for listening.