Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sonki who wrote (24762)	7/2/1999 2:53:00 PM
From: David E. Taylor	Respond to of 41369

Sonki: Technical resistance is like molasses all the way through 120, up to the 50 DMA at 120.6. When we break through that resistance with good volume (30 million plus), then AOL will fly. If this doesn't happen in the next few weeks as earnings season unfolds, we'll be stuck in this 100-120 trading range until some major good news occurs -- like a big cable deal, US/international subscriber growth on track, or earnings exceeding expectations -- and that may not occur until later this year in Q1/Q2. JMO. (OT to Ed & other interested AOL'rs: this is the kind of stagnant situation where an "AAG Advisory" to buy while the opportunity exists could give us the volume in a single day to bust us loose and leave the big guys (all gone for the weekend) to play catch up! Maybe, some day!) David T.