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Technology Stocks : America On-Line (AOL)

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To: Richie who wrote (17621)	5/19/1999 1:04:00 PM
From: Tunica Albuginea	Read Replies (2) of 41369

Richie, there was a rapid sell off after the conference. People had fixed ideas/expectations re: broadband /cable; all they got was a restatement of the known news. So short term traders are selling. Also options expiration doesn't help. Short termers are going to step on the side until Mon and then reassess. Summer slowdown coming. Fed wind not on your sails. Depending on degree of pull back this week we may get a relief rally Mon. MMs are in more control as summer approaches and trading/money flows decreases. I see trading range of 126-140, +/-5. Your thoughts? TA

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