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Technology Stocks : America On-Line (AOL)
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To: robert duke who wrote (4753)2/9/1999 7:50:00 PM
From: John Carpenter  Read Replies (3) of 41369
 
I think the sinking is over, but that's what I said last night.
I'm normally not afraid during sharp declines, but today's
action rattled me. I'm staying long because I believe in the
fundamentals. Although I get nervous, I don't sell
during sharp selloffs. I'd like to poll some of the sellers
to see what goes through their minds when they sell AOL thirty
points from the high. Perhaps fear and emotion overcomes the
thought process and they can't take it anymore. Did anyone
notice who was selling today? Large institutions, small trades
or combinations of both?
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