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Technology Stocks : America On-Line (AOL)

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To: puborectalis who wrote (31249)9/21/1999 12:12:00 PM
From: Steve Robinett  Read Replies (1) of 41369
 
--Steve
You comment, volumes don't lie!
At the moment, AOL's volume, adjusted for the number of hours into the session, is over three standard deviations above the average daily volume for the past month. In other words, the highest in a month. Price movement is also significant, over one standard deviation above the average price movement for the past month. I would suggest a little short-covering explains the move, stimulated by Blodgett's comment that AOL has not been suffering subscriber loss yet due to free ISP (or something like, I haven't actually read the comments yet.) We'll see what kind of legs this rally has.
Best,
--Steve
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