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

To: Frank Ellis Morris who wrote (21858)	6/14/1999 9:12:00 AM
From: T L Comiskey	Read Replies (1) \| Respond to of 41369

Frank....I fear the fed will leave us alone....and the Threat of a hike will hang over us like a sword......this has become a greek tragedy...:(...Tim

To: Frank Ellis Morris who wrote (21858)	6/14/1999 9:19:00 AM
From: Ed Forrest	Respond to of 41369

To: +Frank Ellis Morris (21733 ) From: +Ed Forrest Sunday, Jun 13 1999 9:19PM ET Reply # of 21885 >I hate that Merrill Lynch downgraded AOL when is was already under selling pressure. Merrill should downgrade themselves since their stock is not doing that great either? < Merrill did not downgrade AOL.This is what was said: >Shares of AOL dropped 5 1/2 to to 105 1/2 on Thursday. One of the reasons for the stock's decline: Merrill Lynch Internet analyst Henry Blodget said he expected AOL subscriber growth for the June quarter to come in at "the low end of guidance range, which was 750,000-850,000." Commenting in a research note, the analyst didn't change his revenue or earnings per share estimates, but added that "we do not see any major catalysts for AOL's stock until the fall." See related story.<< Ed Forrest Frank Your answer to my post: To: +Ed Forrest (21797 ) From: +Frank Ellis Morris Monday, Jun 14 1999 5:16AM ET Reply # of 21885 >> "we do not see any major catalysts for AOL's stock until the fall."<< Well if that makes you feel better? BTW AOL is down by 4% this morning in Europe although the S+P futures are up a bit in the early going. It is too often that we get a lift off during the early part of the session only to see slippage later on and a disaster by late day. Investors are now perplexed and fearful that the CPI numbers may precipitate a series of rate hikes. I personally think that the FEd should leave the markets alone but they do not care what I think. Best Wishes Frank Frank Looks like you left out part of the original quote.Selective editing? Ed Forrest