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Technology Stocks : America On-Line: will it survive ...?
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To: James F. Hopkins who wrote (3146)5/17/1997 1:10:00 AM
From: chenys   of 13594
 
AOL's behavior today was onece in the blue moon (for not closing at an option strike price!-in my life of memory). So lack of attention. People are so tied up with HWP, INTC, CTXS, RMBS, etc and for that sake MSFT these days that AOL becomes an abandoned child.

My indicators tell me that AOL is very weak and shows a huge potential to break the trend. I am short as of today. Please advise me about how wrong I am. Yesterday's bounce was very weak and that kind of support won't sustain. I thus got rid of all longs. Thoday's price justify my action.
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