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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (11498)4/19/1999 7:34:00 PM
From: Bridge Player  Read Replies (3) of 41369
 
True technical support for AOL lies in the mid to high 60s, a price that AOL traded at a mere 3 months ago. If it should break that support, then the 45 range would be the next support level, at which AOL traded last December.

I should note that these figures are based on the current closing stock price of 115 7/8 on 4/19/99, and are adjusted for actual splits (not those hypothetical splits in the future, over which many posters to this board were salivating only a couple of weeks ago).

The Internet mania is over, folks. The only remaining question is how low they will go.

BP
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