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


To: Kerry Phineas who wrote (10475)6/28/1998 9:52:00 AM
From: Pancho Villa  Respond to of 13594
 
Let's see what happens!



To: Kerry Phineas who wrote (10475)6/28/1998 2:27:00 PM
From: Keith A Walker  Read Replies (1) | Respond to of 13594
 
Kerry, Are the technicals bad? Marty Zweig mentioned "American Online" this past Friday on "Wall Street Week with Louis Rukeyser" as one of his picks (I like Zweig on market analysis, but as a stock picker, I think there are better people out there. And yes he did say "American Online" which I thought was pretty funny).

I believe we are at a top for AOL and a rotation out of the entire Internet sector will occur in Q3 (especially away from the higher priced issues). Basically, this sector is overdue for a minimum 10% correction. This week's trading should be indicative for the start of any rotation.

Best of luck, Keith

I am short on AOL, long on CSCO, BAY and ASND.