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Technology Stocks : America On-Line (AOL)
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To: tang who wrote (11081)4/17/1999 9:30:00 AM
From: GalSal  Read Replies (2) of 41369
 
4/7 CSCO hit 120
4/6 AOL hit 175
4/16 CSCO closed at 105.688
4/16 AOL closed at 139.75

Panic selling only makes the situation worse. Maybe we're seeing a lot of that right now and not just in AOL.

I'm concerned that the recovery may be very slow because investors who bought AOL cheap will be there to take quick profits on any rebound.

Any thoughts on the effects of panic selling?
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