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


To: RocketMan who wrote (8707)3/31/1999 11:13:00 AM
From: Smart Investor  Read Replies (3) | Respond to of 41369
 
No, I did not. It is only at $151. The Wall Street article raise a serious issue about the accounting of NSCP acquisition. The bond market is going down, and we may see 30 year over 6% very soon.
biz.yahoo.com
Right, there are more analysts are piling on with their upgrades. Where are they when AOL was at 50? They always issue public upgrades just before the reversal when their big clients want to sell.

All these point to a correction from here. I will hold my short position until after the inevitable correction. BTW, congratulation on you making some more on more idiotic analysts upgrade.



To: RocketMan who wrote (8707)3/31/1999 11:22:00 AM
From: Tumbleweed  Read Replies (1) | Respond to of 41369
 
re shorting AOL.

reminds me of the many folks who shorted Dell throughout the years because it was 'overvalued'.
Like standing in front of a runaway train. Someone may eventually get it right, but chances are the train will run over and kill most folks.

Joe