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

To: Joe S Pack who wrote (25784)	7/16/1999 2:35:00 AM
From: Midtown eBoy	Respond to of 41369

Let's all keep our eye on the ball. Your right Nat, that Fidelity news is to trick us longs into selling, so Fidelity can get the AOL they sold in Q2 back for cheap before earnings. Their timing says it all. All mutual funds are required to disclose their holdings as of the last day of the quarter, hence their last minute "window dressing." They have 60 days after the end of the quarter to disclose. Fidelity is notorious and consistent in waiting to the last day to disclose, so by then it is old news and no one can duplicate their performance. So they sold alot of AOL in Q2. Big deal. That's not telling us longs anything new, tho' it does help to explain why AOL dropped like a rock in Q2. But the real question is: why is Fidelity disclosing this only 15 days after the close of Q2? They want the AOL that they probably sold at 160 back for cheap, so their hoping to scare the small guy into selling it to them. That may work tomorrow. But their not getting mine. Next week: great earnings and a 2 for 1 split.