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


To: Dr. David Gleitman who wrote (26112)7/20/1999 4:41:00 PM
From: Ed Forrest  Read Replies (1) | Respond to of 41369
 
>>Perhaps this was the mother of all head fakes<
David
Your sounding like Voltaire.Whats up with out 114 3/4 back in 114.Changing professions?A bit of daytrading?:-)

Lengthy read:
news.com



To: Dr. David Gleitman who wrote (26112)7/20/1999 4:42:00 PM
From: im a survivor  Respond to of 41369
 
RNWK comes in as expected

SEEK blew it away and came in .06 better then estimates



To: Dr. David Gleitman who wrote (26112)7/20/1999 4:44:00 PM
From: HECTOR RUBERT  Read Replies (2) | Respond to of 41369
 
David, I noticed the same thing......all the negative tick bias...

I happen to agree with you regarding the Greenspan effect. It looks like the BULLS WERE CORRALLED today scared of the mean GREENMAN. Looks like the GREENMAN HAS BECOME THE BULL's OFFICIAL MATADOR so for now the bulls are in hiding.

Regarding AOL, this stock has been selling off for over a week unlike other stocks that have rallied into its earnings, AOL has been selling off way ahead of the earnings.

With that said, after solid earnings I believe the selloff has already been discounted into its current price. Therefore, it is more likely that the stock will trade up after its announcement.

Best,

Hector



To: Dr. David Gleitman who wrote (26112)7/20/1999 5:04:00 PM
From: FlameMe  Read Replies (2) | Respond to of 41369
 
Dr.,
I think there is a good chance we could see some more selling tomorrow only to have money come in from the sidelines, forcing shorts to cover. This current rally really got started at the end of June after the fed meeting. If this were the end, three weeks would be pretty short as rallies go. And, it seems to me that bull markets don't usually die, they are killed by bad news (and we haven't had any).

If there is a snapback, then we'll have to see if it can make new highs. If it continues downward, then we probably saw the highs. As for AOL, it has been really disappointing in the last two weeks. Seems like we either need a catalyst or we have to wait until people start thinking about christmas sales over the internet. Long term, AOL longs still in good shape. Thoughts?

Regards,
Ross