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Technology Stocks : America On-Line (AOL)

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To: Dr. David Gleitman who wrote (26112)7/20/1999 4:44:00 PM
From: HECTOR RUBERT  Read Replies (2) of 41369
 
David, I noticed the same thing......all the negative tick bias...

I happen to agree with you regarding the Greenspan effect. It looks like the BULLS WERE CORRALLED today scared of the mean GREENMAN. Looks like the GREENMAN HAS BECOME THE BULL's OFFICIAL MATADOR so for now the bulls are in hiding.

Regarding AOL, this stock has been selling off for over a week unlike other stocks that have rallied into its earnings, AOL has been selling off way ahead of the earnings.

With that said, after solid earnings I believe the selloff has already been discounted into its current price. Therefore, it is more likely that the stock will trade up after its announcement.

Best,

Hector
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