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Technology Stocks : America On-Line (AOL)

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To: Tunica Albuginea who wrote (20058)6/4/1999 9:12:00 AM
From: Steeny  Read Replies (5) of 41369
 
Very confusing job data #s. May jobs increased by only 11,000(much, much weaker than expected). However APril #s were revised up to much greater than we had expected at that time up to 343,000. Many traders are suspicious because it is not realistic to move from 343,000-11,000. There are fears that the next revision will take the # much higher. Unemployment rate fell to 4.2% as expected. Wages rose .4%(slightly stronger).

Overall, a good # for a stock rally, but who knows?
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