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Technology Stocks : AOL, now I get it

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To: Joseph Francis Torti who wrote (63)11/9/1996 6:12:00 PM
From: Robert Sorrell   of 496
 
To all: I too would like to know what happened to AOL after the market closed. It traded up and maintained around the $26.00 area all afternoon. My quote after 4:00 P.M. yesterday showed it closed at $26.00 and the bid was 25.75 and ask was 26.125. This morning I discovered that it had been revised to close at $25.00 but it stated last trade was $25.00 but the bid was now 25.875 and ask was 26.125. The volume was the same on the two quotes. Any clarification on this from someone more informed than myself would be appreciated. It was a shock to see my account reflect a point difference this morning. How does this relate to the opening on Monday? The volume was heavy all day Friday and being purchased around the $26.00 level with no selloff at all.There also was a buy recommendation that came out on AOL by Lehman Brothers at 12:00 Friday on Reuters. All was very positive about AOL and its future. Comments, info, opinions, greatly welcomed. Thank you. As Always, Bob
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