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

To: donkeyman who wrote (27978)	8/3/1999 8:34:00 PM
From: bobby beara	Respond to of 41369

Donkeyguy, anybody who has looked at a bond chart lately knows that bonds are in a helatious downtrend. that creates a big competition for investor $, when people can get a decent rate return on bank money at no risk. why should people take such big risks on 50-500 or no p/e stocks when they can get a decent guaranteed return. internet stocks need a low rate environment and a bull market, that's why they are crapping out along with the brokers that are anticipating a leaner cow. From a t/a perspective AOL may have put in a ST bottom here, looking at the volume, but i would use this rally if it happens as a bear market rally, just like the one off 6/15. bb