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Technology Stocks : America On-Line (AOL)
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To: Out_of_the_Trap who wrote (6449)3/11/1999 8:38:00 PM
From: Steve Robinett  Read Replies (1) of 41369
 
Phil,
My point was that AOL's volume has jumped up over the past couple of days from low volume to somewhat higher. The price has obviously moved up a bit, too, very near 2 standard deviations above it's 20 day moving average. About all that told me was to close out the calls I bought Monday.
Actually, AOL has been downright boring since it became part of the S&P 500, mostly just moving with the general market. It was up today, so was AOL.
BTW, I think the current float on AOL is about 935 million with 1.2 billion fully diluted. Which makes figuring market cap easy. About a billion shares, stock selling for 95, market cap about 95 billion.
Best,
--Steve
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