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

To: jack rand who wrote (9433)	4/8/1998 6:21:00 PM
From: Stephen	Respond to of 13594

I regard this period as the time when there is the best chance for the AOL price to retrace. As it is likely that it will be up tomorrow, and other internet stocks like Xcit (16th) who will soon be reporting are likely to beat their estimates based upon the e-commerce deals they signed up not so long ago, I now wonder if this will happen. Despite the valuations, the money flow follows the earnings and news ... and the internet plays seem to almost provide a safer haven than the box-makers, networkers and chipmakers. The tech money has to go somewhere ! I assume M. Dell will give his usual upbeat interview on CNBC, so tech looks like the place to be tomorrow ........ Good luck to everyone Stephen