America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (27680)	8/2/1999 4:01:00 PM
From: Bridge Player	Read Replies (1) of 41369

From Olu Emuleomo: << A close under 90 means you are justified in selling your position, because most likely, something is wrong with the stock. Thus, if you buy anywhere under 95, you risk $5 loss vs $20 gain if you sell at 115, which is where I see "resistance".... (Even at 110, its a 3-1 profit/loss scenario!!) >> Response from Vendit: << You and I are on the same page. Your above remarks are right on the money. A breach too much lower then where we are now will leave AOL without a solid support level. History is showing that now is the time to buy. I expect a rebound this week from here. >> Vendit, Olu had stated that if AOL closes under 90 it will most likely mean that something is wrong with the stock. You have stated that his remarks are "right on the money" and that you are on the same page. Does this mean that if AOL closes under 90 you will agree that "most likely something is wrong with the stock"? And if so will you so state to your fans on this board? Just curious...... BP

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