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


To: Sonny McWilliams who wrote (33329)10/28/1999 2:05:00 PM
From: TARADO96  Read Replies (1) | Respond to of 41369
 
Sonny,

Thank you very much from your report on the meeting. Wish I was there. Must have been very interesting. I am quite certain that AOL will start going steadily up after the FOMC meeting in November. Like somebody posted earlier, it is getting close to "AOL time."

Best of luck,

Tar



To: Sonny McWilliams who wrote (33329)10/28/1999 4:25:00 PM
From: Steve Robinett  Read Replies (2) | Respond to of 41369
 
--Sonny
Thanks for the extremely interesting report from the shareholders meeting. It's very useful to have our own set of eyeballs watching the goings-on. Unfortunately, on the day of a shareholder's meeting, when the company is trying to come up with everything good it can find to say, the market action today seemed to me disappointing. Today's volume, at about 15 million shares, was slightly below the 17 million average for the past month, and price movement was only a little better than the average change for the month, about 1/2 a standard deviation above the monthly average change. The percentage movement of AOL today, about 2.4% as compared to 3.3% for the overall Internet sector and 2.2 for the Dow, was also disappointing. In other words, AOL, a stock normally 3-4 times more volatile than the general market, only moved about the same as the general market. The most that can be said about that performance is that AOL is not currently a stock people are thinking much about, either from a buy or sell point of view.
Best,
--Steve