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Technology Stocks : America On-Line: will it survive ...?
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To: Ryan M who wrote (1271)1/28/1997 10:46:00 PM
From: James F. Hopkins   of 13594
 
Hi Ryan: well she only closed up 1, but still off 1-1/2 from her
open day before, she has to make that up before I will think of this
as more than a fake out, if she don't get that other 1-1/2 back soon
she will slide on down. I will say she suprised me this mourning
as I was expecting an early gapdown, and she did a early gapup,
daytraders were on her heavy today, if they get off her you will,
likly see her slide again..they did not play her the day before,
some of the up was shorts covering, the daytrading was wild today,
in fact it looked like the blue chips were wild too..the market
can't make up it's mind..but AOL is a going to be a sure loser,
any small rallies wont last over a week.
Jim
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