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Technology Stocks : America On-Line (AOL)

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To: DR. BOND who wrote (27575)8/1/1999 1:06:00 PM
From: Novacal  Read Replies (2) of 41369
 
What difference does it make? 98 3/4 or 97 1/8 or even 95 and change?

What is more important is the mass sentiment which brings the stock up or down on Monday. The light trades after market when there is no news involved (forget about Barron's)does not really matter.

Fact of the matter is we need some conviction from smart money and we dont have it now. Until then, AOL will sidelines if does not go lower. MM are watching the stock with their buy orders ready but waiting. And waiting and waiting.

It could be another month or so before they jump in. The question is whether or not a catalyst push them in. A catalyst like a cable deal or a strategic alliance.

Novacal
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