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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Kenya AA who wrote (2663)7/1/1999 5:25:00 PM
From: Mao II  Read Replies (1) | Respond to of 12662
 
K: AOL is range bound, it seems. Actually a number of nutz moved up to long-standing resistance points yesterday and today and then backed away. There is now a divergence between a large body of old-line nutz and a few bigger names. The latter are boosting the indexes, but the former are not showing sustained movement and their stagnation diverges from the strong upward movement in the DOT. Obviously AOL is a bigger name, but its inability to push through 115 is significant in the short term. As for older solid second tier nutz -- INSP is a good example -- they need more vol and news if they are going to move up prior to earnings. That's my read anyway. (I am long INSP, by the way.) What R your thoughts? ANd I'm fine on the m.t. thanks. M2