America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Boplicity who wrote (15102)	5/5/1999 10:30:00 PM
From: dennis michael patterson	Read Replies (5) of 41369

IMPORTANT Rumor that Merrill will downgrade AOL: The Option Investor Newsletter Tuesday 5-5-99 Copyright 1999, All rights reserved. Unfortunately, we could also fall prey to a well placed, fatefully timed downgrade of a key stock. The good news is this is just a rumor. The bad news is this is a very strong rumor. However, we (as traders) need to be aware of as much as possible to stack the odds in our favor. What we have heard is that Merrill Lynch plans to downgrade AOL's numbers from $0.36 to $.32 for the June quarter. This could very well kill any rally in the internets which would put a tremendous drag on the Nasdaq. We were unable to confirm it, so keep your fingers crossed. ------------- Received this evening. I am long AOL

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