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

To: Steeny who wrote (21190)	6/10/1999 11:07:00 AM
From: Vendit™	Read Replies (2) \| Respond to of 41369

Steeny We are in full agreement. I am just watching short term strength and weakness signals for now as well as expected trading ranges. Vendit

To: Steeny who wrote (21190)	6/10/1999 11:55:00 AM
From: KurtVedder	Read Replies (1) \| Respond to of 41369

Back on 5/7/96 AOL closed at $70/share (pre-split). Th following day there were concerns raised about AOL's "churn rate" and some accounting practices. AOL started to decline in price for the next 6 months and bottomed out at 22 5/8 on 10/14/96. For the next month and a half the price did not move above $29/ share. In the meantime, more concerns were being raised about "connectivity", busy signals" etc. The price did not start going up (very slowly) until late 12/96. AOL did not hit their high of $70 (from 5/7/96) until 7/11/97 (over 14 months later!) Then AOL continued on higher (at a gradual rate) until their next snag in 7/15/98 and continued to drop 50% from $140-$70 (in 9/98 and 10/98) then it was up from there again. So, if history is any indication, AOL will hit new highs between 11/99 and 6/00. Keep the faith. The shorts were out in force during all those declines and they will be around now. Go AOL!