America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: Tom Lu who wrote (4088)	7/21/1997 1:56:00 PM
From: Quaddad	of 13594

Tom, What exactly do you mean when you say "by looking at the volume". I'm looking at it right now. The only thing I see is some profit taking over the past few days. Other than that nothing looks unusual. Also using volume to judge whether stock will break through support at a price $10 lower than current levels makes no sense. Do you have any other evidence as to why AOL would drop lower than $55. It's having a little trouble getting through the 20 dma today. It's kind of funny that Paine Webber says AOL is way overvalued. Isn't most of the stock market way overvalued right now.

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