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

To: Bob Kimball who wrote (10114)	5/26/1998 6:08:00 PM
From: Jason Cogan	Read Replies (1) \| Respond to of 13594

Bob: <<AOL's lofty valuation days are numbered. All this jockeying smacks of a controlled distribution leaving the stock in weak hands, ripe for a good fall. Remember even Bruce Lupatkin of H&Q even said a week or two ago he wouldn't be an owner at these levels.>> I agree fundamentally. And I also agree that the trading patterns are not a healthy sign. But I am continually amazed at the amount of market manipulation that surrounds this stock. Yet again, for as long as I can remember, AOL closes 1/2 point HIGHER than where it is trading in the last 10 minutes of the session. And yet again, no final bid offer levels are posted. How do they continually get away with this? Regards, JC