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Technology Stocks : America On-Line (AOL)

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To: Annette who wrote (2169)1/11/1999 5:46:00 AM
From: Frank Ellis Morris  Read Replies (1) of 41369
 
Good Morning Annette,

We may not have to wait for Alan Greenspan to throw cold water on the internets by declaring irrational exhuberance in the sector. This morning the S+P futures which after being up very strong have now went deep into the red and I expect trouble in today's session. The quick retrenchment of AMZN on Friday was an ominous sign and if we have a pullback it may affect AOL.. Of Course I could be wrong about this but hoping that I am does not make me feel any better.

Frank
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