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Time Warner Inc. Message Board

  • rchakrav rchakrav Jan 11, 1998 10:48 PM Flag

    asia plunge

    right now hong kong is down over 10%. I think tomorrow we will see some weakness in aol, and could be the start of a downward journey to 70 within a few weeks. Aol is a good company but simply cannot support its current valuation, especially in this troubled market. I would love to hear the opinions of others. Thanks

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    • Whole the world is on sale now. Initial from the Asia country.
      Wall street S&P furtures is down 10 points now. Go head buy put
      for your market insurance!!! AOL Probabory can not immunity for down market?! Take care for your investment in tough market.

    • AOL. I think AOL is a momentum stock, however people
      will see the momentum gone and will take huge profits in fear of loss . Some one said prudent put a sell on aol and put a 12
      month price target on aol for 19.00 a share that was the clincher
      for me to sell off my stake. maybee I sold it short, but profit
      is why i invest.

      • 1 Reply to twai1961
      • "Some one said prudent put a sell on aol and put a 12"

        That my friend, was an erroneous post. Prudential actually came out with a reiterated buy recomendation and set its 12 month price target at $91. Stupidity you surely have, and at least on this trade it seems you may have some luck on your side.

        Do your own due diligence, never, never take the words from these sites as anything but lies until you can confirm their validity. If you pay attention to the people who post on these threads, you can learn who to listen to and who not to.

        Thanks for the laugh.

        Xi-man.

 
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