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Technology Stocks : America On-Line: will it survive ...?
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To: Narotham Reddy who wrote (5546)11/6/1997 5:08:00 PM
From: IKM  Read Replies (3) of 13594
 
Looks like it's settling at 80. As someone else noted, very low volume though. Wait 'til we get an excited market tomorrow with access for everyone. The bulls should finally understand that this one can go down as well as up. The day traders will be riding the trend as well, "The trend is your friend." It'll be a late open tomorrow. Hard to tell how much of the drop will take place at the open. But at some point the momentum players will jump on this one and sell into every uptick.
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