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Technology Stocks : America On-Line (AOL)

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To: Dustin who wrote (18710)5/26/1999 4:11:00 PM
From: Tom Ardnij  Read Replies (2) of 41369
 
Up 5 1/4 Real-time Quote......The drop to 105 this morning had a lot of the feel of a panic selloff. Same across the Internet stocks. The come back in the afternoon was no less impressive. Lot's of volume in both directions. A lot of the feel of a bottom, but I suspect we have another few days of market anxiety before investors start to look forward to new earnings reports coming with June being the last month of the quarter.

CNBC analyst's comment about next week anticipates slow vacation week. We'll see.

Best Regards,
Tom
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