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To: yard_man who wrote (8998)4/2/1998 1:10:00 PM
From: Bob Kimball  Read Replies (1) | Respond to of 27307
 
(OT) Barry - people ARE selling today!!!

We're just a bit more than halfway thru the day and I see about 5.7MM shares traded in AOL... that's a lot of SELLING because the price is stuck around 75. My question is, who is still buying?? The big buying imbalance that created today's spike up came at the open. My guess is that's John Q. Public who wanted to get in on the action and placed orders last night. AOL was slow to open this morning, another indication of a great deal of sorting-out of the overnight orders.

Abnormally high volume like this with a price spike either up or down often indicates an imminent reversal. Stay tuned.