America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Johndee who wrote (27545)	7/31/1999 5:22:00 PM
From: Jeff Sutton	Read Replies (3) of 41369

Guess we'll never know the truth behind the AOL sell-off and the Barron's story rumor, which turned out to be FALSE. Sure smells to me, though. How hard would it be for some major short seller to start this rumor? Pure speculation on my part, of course. Presumably CNBC has enough reportial integrity to not report EVERY damaging rumor they hear. So it makes one wonder what the source of this rumor is. Still, I think they should be held accountable for spreading rumours without a huge dose of skepticism. They did some damage to AOL, and even if the rumor was false, the technical damage remains. Maybe we all should send e-mails to CNBC. Should be a fascinating week in any event ...

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