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Technology Stocks : America On-Line (AOL)
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To: BigDaddyMac who wrote (20822)6/8/1999 7:30:00 AM
From: sam  Read Replies (1) of 41369
 
Dickey appears to be a technical analyst. I'd be very careful following purely technical advise on a news driven stock. As an example, I asked a technical analyst at a major house to give me his read on Immunex last October. It seemed weak, and I wanted to take a position on the weakness. He claimed that the stock (then at postsplit price of 27) was headed for the teens. He was quite emphatic about it, too. Let's just say the stock started rising that day AND NEVER LOOKED BACK. It is now 136.
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