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

To: rodney beasley who wrote (22415)	6/15/1999 4:25:00 PM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 41369

Although AOL fell almost 10 points yesterday, the trading during the last few minutes was most impressive. The support resistance is at 88 but there was a quick bounce off of 89 1/2. It was nice to see at least for the time being that the carnage was subsiding. Although the pe is outrageous so is the phenomenon of the internet and and nobody can deny the way the world is changing. The internet is here to stay and so is AOL and all its future potential. I would IMOP start nibbing at this blue chip company once again. Lets hope that the CPI tomorrow will not throw the markets in another tailspin but I think everybody had enough and the markets are really over sold. Best Wishes to All Frank