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Technology Stocks : America On-Line (AOL)

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To: Bald Man from Mars who wrote (25950)7/18/1999 7:03:00 PM
From: Marvin Mansky  Read Replies (1) of 41369
 
Bald Man I am sure your specialist analysis has some major flaws in it. The supply and demand of a stock as widely held as AOL is not manipulated by specialists as your theory states. The specialists maintain markets in a stock. Skeptics believe they actually manipulate the stock. Wrong!

Market forces like supply and demand is based on perception of future earnings, period! Future earnings drive the price an multiples of a stock. AOL is a hot stock, at the center of the hottest force in the information age, the Internet. I am a long term bull on AOL, as you can imagine.
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