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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: ISOMAN who wrote (20843)6/8/1999 12:19:00 AM
From: Annette  Read Replies (2) | Respond to of 41369
 
Will the sun rise and set tomorrow too?
I need to know because
I may be crazy.....
;-)

Annette

Here is something to sleep on...

209.68.1.93



To: ISOMAN who wrote (20843)6/8/1999 12:25:00 AM
From: Ed Forrest  Respond to of 41369
 
Nice summation of the trials and travails of our beloved AOL.
Ed



To: ISOMAN who wrote (20843)6/8/1999 12:51:00 AM
From: Tunica Albuginea  Respond to of 41369
 
isoman:From the Street.com: today's events in perspective. This IMO is the best take on today's action.
Nothing goes straight up in the market. AOL and the ISPs had a nice run Fri. They
pulled back today.Probably profit taking and weak hands. it is that simple,

TA

thestreet.com

A late participant in the rally was Excite@Home
(ATHM:Nasdaq). The high-speed Internet service provider
saw follow-through selling early in the day from Friday's court
ruling in Oregon that requires AT&T (T:NYSE) to open its
high-speed cable networks to competing Internet access
providers in the Portland area. Excite@Home is controlled
by AT&T, and its stock valuation is largely based on the
exclusive rights it owns to offer high-speed Internet access
through its cable company partners.

Excite@Home traded to a low of 87 early in the day. There
still is much uncertainty over whether the ruling will be
overturned on appeal or whether it will set an influential
precedent. That uncertainty allowed Excite@Home to
bounce back and close up 9 1/4, or 10%, at 103 3/4.

In a research note today, Credit Suisse First Boston
analyst Kristen Koh wrote that, even if the open access
requirement were to become a national issue, the ruling "in
and of itself does not affect Excite@Home, since the
exclusive contracts with its cable parents are likely to expire
(2002) before the legal procedures, technical investments
and economic negotiations run their course."

America Online (AOL:NYSE), which was made out to be a
winner following the ruling and closed up 10 3/4 points on
Friday, dropped 3, or 2.5%, to 115 today.

"We believe -- as has always been the case -- that the
parties involved are likely to come to an economic
agreement (quickly grow a gigantic pie and split it) rather
than give control to the federal courts/agencies for a process
likely to span many years," wrote Koh.

Two other ISPs seen as winners on Friday also fell today.
Earthlink (ELNK:Nasdaq) closed down 5 1/16, or 8%, at 53
15/16 after gaining 8 points on Friday, while Mindspring
Enterprises (MSPG:Nasdaq) closed down 4 1/4, or 5%, at
75 1/16 after gaining 14 points on Friday.



------------------
you said

Here is my take on today...

First it opened at $119.50

then it went as high as $120.50

Later it dropped as low as $113 and change.

Finished at $115

My prediction for tomorrow....

It will go up and down, and then close at one price.