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Technology Stocks : America On-Line: will it survive ...?
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To: craig who wrote (5294)10/27/1997 8:34:00 PM
From: jack rand  Read Replies (1) of 13594
 
Checked all the big name Internet stocks. All had decent spreads
at the close except AOL, which was $1.875 -- AND bid size 0; ask 1.
Frequent 40-50 size earlier in the day. Burst of buying around 2pm was MMs/underwriters looking to support 50 DMA. They faded fast -- every man for himself style.......

Note: Week of 09/08 (Compuserve deal) there was lots of buying
between $70-$74.
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