America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Jim Croci who wrote (20801)	6/7/1999 8:19:00 PM
From: Vendit™	Read Replies (1) of 41369

I'm afraid AOL is turning into a trading stock, same a INTC. comments? Trading-Ideas Looks At AOL Since our last report on America Online (AOL) on 5/2/99, shares fell 16% compared to a decline of just 2.4% in S&P 500, we decided to take a second look at AOL to see what changed. Fundamentally, nothing! Recent decline not only affected AOL, but the entire Internet sector. Looking at money flow data, it appears that the selling was as a result of profit taking by a small group of traders. Overall, money flow data for AOL remained positive during the pullback and in fact, it appears that both retail and institutional investors used the weakness to buy additional shares. streetadvisor.com

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