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


To: Venditâ„¢ who wrote (27680)8/2/1999 3:21:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 41369
 
Are you looking only at closing prices, or intraday moves as well? The stock is headed for your support @ 94; if it breaches it now but closes above, do you remain sanguine? TIA, -mb



To: Venditâ„¢ who wrote (27680)8/2/1999 4:01:00 PM
From: Bridge Player  Read Replies (1) | Respond to of 41369
 
From Olu Emuleomo:
<< A close under 90 means you are justified in selling your position, because
*most likely*, something is wrong with the stock.
Thus, if you buy anywhere under 95, you risk $5 loss vs $20 gain if you sell at
115, which is where I see "resistance"....
(Even at 110, its a 3-1 profit/loss scenario!!) >>

Response from Vendit:
<< You and I are on the same page. Your above remarks are right on the money. A
breach too much lower then where we are now will leave AOL without a solid
support level. History is showing that now is the time to buy. I expect a rebound this
week from here. >>

Vendit, Olu had stated that if AOL closes under 90 it will most likely mean that something is wrong with the stock. You have stated that his remarks are "right on the money" and that you are on the same page.

Does this mean that if AOL closes under 90 you will agree that "most likely something is wrong with the stock"? And if so will you so state to your fans on this board?

Just curious......

BP