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Technology Stocks : America On-Line (AOL)

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To: Annette who wrote (2500)1/13/1999 9:20:00 AM
From: RocketMan  Read Replies (3) of 41369
 
I expect AOL to decline today along with the market in general. We might see the mid-130's before it is over. Wall Street has been looking for a reason to correct the markets, and Brazil offers a handy excuse. I expected a market selloff before Greenspan's appearance in Congress on 21 January, to ensure he doesn't spank the markets too much. As for me, I know that whatever happens to AOL today has nothing to do with AOL. We have zero revs from Brazil, and at the end of the day, if I have any funds I will be scooping up some more AOL. Good luck to everyone.
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