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

To: Johndee who wrote (27545)	7/31/1999 5:22:00 PM
From: Jeff Sutton	Read Replies (3) \| Respond to of 41369

Guess we'll never know the truth behind the AOL sell-off and the Barron's story rumor, which turned out to be FALSE. Sure smells to me, though. How hard would it be for some major short seller to start this rumor? Pure speculation on my part, of course. Presumably CNBC has enough reportial integrity to not report EVERY damaging rumor they hear. So it makes one wonder what the source of this rumor is. Still, I think they should be held accountable for spreading rumours without a huge dose of skepticism. They did some damage to AOL, and even if the rumor was false, the technical damage remains. Maybe we all should send e-mails to CNBC. Should be a fascinating week in any event ...

To: Johndee who wrote (27545)	8/1/1999 4:22:00 AM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 41369

Johndee. Yes, CNBC Can cause people losses but also gains. But coming out with those kinds of rumors late in the day is def. a practice that SHOULD be stopped. Unless they did mention it around noon, when those rumors supposedly came out, broadcasting it so shortly before the close is out of this world. You def. have to question their motive. Whatever happened of checking out easy rumors like that before you run with it? I guess we know now that it was false. They could have said there was a rumor around lunch time blah, blah, blah but we have checked with Barrons in the meantime and that rumor is false. It does not take a brain surgeon to check this story out in over 3 hrs. when you are a business channel unless you are a bit less than that. I am very surprised that Ron Insana would do this unless it come from higher up. They can get every Tom, Dick and Harry on short notice when they are in a hurry to find negative analysts. Calling Barrons I guess never occurred to them? They have this one guy from Barrons on quite frequently so why not ask that guy? Well, like I said, we are finding out more and more about CNBC and their business reporting. This last trade of 97 1/8 on CNBC's tape is funny also. In their weekend business show AOL was shown at 95 something. Sonny