America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: James R. Barrett who wrote (21684)	6/13/1999 5:07:00 PM
From: Frank Ellis Morris	Read Replies (1) of 41369

>>I think there is going be a dead cat bounce back to the $120/$130 range if the CPI numbers are good. If that happens I'm saying goodby to AOL for awhile<< James, Too many people got burnt big time for whatever reason on AOL and there is going to be a lot of gun shy reaction to AOL going forward. There were many who were on margin and got called. Some purchased shares at the high or almost the high. Hey many of us thought that the stock would be at 400 by years end including me. Now it may anyway but I just do not see how with all the news coming on board from competition. AMZN is just rediculously overpriced and so is ebay in my humble opinion. AOL is the best of the lot but now we do not have that herd mentality to just throw cares to the wind. Best Wishes Frank .

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