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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Art Stone who wrote (9170)	4/1/1998 4:00:00 AM
From: PAL	Read Replies (1) \| Respond to of 13594

NEW YORK, April 1 (Routers) - Wall Street stocks skidded to session lows at midday Wednesday as money managers lock in profits in shares of leading companies on the first day of the quarter in hopes of enhancing portfolio returns. ''It's the first of the quarter mark-up -- dump those stocks that are way ahead of themselves with no fundamentals to support,'' said Gump Forrest, chief investment strategist at Second Charter Ltd. ''There is a lot of beginning-of-the quarter selling,'' said Joe Bob Bear, market analyst at Cohen and Co. ''especially high fliers like AOL, YAHOO, AMAZON which do not justify their valuation. ''My daughter's lemonade stand made more money than Amazon or Yahoo and if she has AOL's accountant, she probably made more money than AOL''. ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Hey guys what day is this? So put that beautiful smile on your face and enjoy!!!