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


To: Anthony DiPierro who wrote (30877)9/16/1999 8:29:00 PM
From: tradesman  Read Replies (1) | Respond to of 41369
 
Anthony DiPierro Sez,.... I firmly believe it is going up from here.

I think somebody said that about 4 months ago. I hope you are correct, but, I fear you are wrong. The chart pattern is an unquestionable down trend. Short, intermediate and long term indicators are at a cumulative 85% sell signal. Volume is diminishing (except for sell offs) and there seems to be no real interest in AOL. The lows get lower and the highs,,,get lower. 4.2 billion additional shares will cause catastrophic dilution, but, our president and chairman will make out like bandits,,,,again. Everyone is sitting around on this board, waiting for the big pop, as if everything is going to be wonderful and frankly, I don't think it is. Sumpin' ain't right here. I can smell it. Very long and very concerned.