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Technology Stocks : America On-Line (AOL)

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To: robert duke who wrote (17086)5/14/1999 12:16:00 PM
From: Joe S Pack  Read Replies (3) of 41369
 
Robert:
Yes that will happen as long as the macro economic picture remains the same.
Today's CPI has poured water into the campfire, at least temporarily.
Next week will be interesting as the Feds meet on 18th (which I think
may not make any news because Bond market is taking care the Equity market)
and Mr. Case is meeting analysts on 19th to stop and reverse AOL's
slide. Even Mr. Case cannot help if Mr. GSpan announces bias change
on Tuesday.
So we have to wait for a while before we see 150.
-Nat
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