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Technology Stocks : America On-Line (AOL)

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To: T L Comiskey who wrote (10587)4/14/1999 10:10:00 AM
From: Technician  Read Replies (2) of 41369
 
Intituitions lighting up on AOL? reluctant to buy
at these valuations? Will they sell after earnings?

the reversal from 163 to 159 today is OMINOUS same
thing happened yesterday, why is AOL weak DESPITE
GOOD NEWS and so close to earnings when the other
INETS charge ahead.

I strongly suspect that systemetic and tactical
institiutional unloading of AOL stock is taking
place, otherwise the stock should be up 10+.

I hope I am wrong and when I check the next qoute
it is back to 163! else we might run into a trap
as the earnings approach.
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