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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.
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To: Shafik Habal who wrote (1269)8/4/1999 9:10:00 PM
From: Vish Vishwanath  Read Replies (3) of 1434
 
let us keep this very simple folks. take a look at the YTD curve for MSPG and AOL. almost identical. nothing is going on here that is specific to a single stock. the whole group is hit. the internet is here to stay and both AOL and MSPG are not trivial players. they will both recover over the coming month to six weeks and stabilize at around 50 for MSPG and 130 for AOL. afte that the 3Q results will determine the hi-lo for the next cycle. traditional TA is not easy to apply in this case.

so fasten your seat belts, have a stiff drink, and wait it out.
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