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Pastimes : ASK Vendit Off Topic Questions

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To: robert duke who wrote (649)6/11/1999 6:17:00 PM
From: Venditâ„¢  Read Replies (1) of 19374
 
Rob

It is very simple, the tech stocks are in a correction and are feeling pressure from the fed numbers being released this week. I posted earlier on this thread that I thought AOL would reverse by Monday but as early as today. We did get a bump up this morning only to fad around lunch time. We also headed below the $100 mark which is an important number. This means the lower $90's are possible now.

This would still make AOL in the $180 range pre-split so I am hanging on. The only thing that would make me feel nervous would be a string of down grades from the houses. We have not seen this at all and are also starting to see stories published calling AOL a buy at this time.

The best

Vendit
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