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

To: Frank Ellis Morris who wrote (21532)	6/11/1999 9:14:00 PM
From: ChinuSFO	Respond to of 41369

Frank, I was impressed with your response. Even INTC fell today along with leaders like AMAT etc. There is an interesting read on what is happening to AOL's stock price. I realize that it is about 10 days old but none the same since it addresses AOL's slide, what is mentioned in the article still holds true. trading-ideas.com

To: Frank Ellis Morris who wrote (21532)	6/11/1999 9:54:00 PM
From: KurtVedder	Respond to of 41369

Frank, if your analysis is correct then many, many companies are in trouble. According to your theory, EVERY internet company as well as many drug stocks and even GE are in serious trouble. May I ask who you like at this time? I think you are way off in your presumptions but only time will tell who is right. I think I am. Go AOL!

To: Frank Ellis Morris who wrote (21532)	6/11/1999 10:12:00 PM
From: Tom Tallant	Read Replies (2) \| Respond to of 41369

Frank, My take on today's action is this...More than any other issue surrounding AOL or any other high P/E growth stock was the absolute absurdity in the bond market...The 30 year has not been this oversold in 17 years!!! Bond traders have a propensity to play chicken with each other...who's going to buy first kind of thing. If you think these internet stocks are momentum plays they are amateur hour compared to bond traders. When the bond finally stabilizes there will be a torrent of buying...expect 2 points in a day easily. What's more...when that day happens, and it will, you will see money rushing back into these stocks like they were the last stocks available on earth. The question is..as I said earlier today...when is the selling going to stop in the bond market? My bet is soon...if not Monday no later than Wed. If your a trader, knock yourself out...I'll stay the course until some normality returns to the market and if THEN AOL trades down...I will be concerned. Regards, Tom