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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (334)	12/30/1998 2:01:00 PM
From: Roy F	Read Replies (3) \| Respond to of 41369

AOL Surpasses 15 Million Members December 30, 1998 01:58 PM DULLES, Va.--(BUSINESS WIRE)--Dec. 30, 1998-- Christmas Day Makes AOL History with Record Number of New Members Signing Up America Online Inc. AOL Wednesday announced that worldwide membership of its AOL service has exceeded 15 million. The Company said its growth from 14 million to 15 million members was the fastest addition of one million new subscribers in its history. On Christmas Day alone, more new members joined AOL than on any single day in the company's history. Steve Case, America Online's chairman and chief executive officer, said: "We are gratified that so many people are embracing the Internet and choosing to go online with AOL. This record-setting growth -- fueled by AOL's strong brand, unmatched content and AOL 4.0's convenience and ease-of-use -- continues to accelerate the global momentum of our service and the medium." Case added: "We believe that an ever growing online community makes AOL even more valuable to our members. We are committed to working day and night to continue to improve the service and make it more and more essential to our members' everyday lives. For us, this is all about building a medium that we can be proud of." In August, 1994, AOL announced it had more than one million members. It passed the 10-million-member mark on Nov. 17, 1997. And the Company announced it exceeded 14 million members worldwide on Nov. 12, 1998. About America Online America Online Inc., based in Dulles, is the world's leader in branded interactive services and content. America Online Inc. operates two worldwide Internet services: America Online, with more than 15 million members; and CompuServe, with approximately 2 million members. America Online Inc. also operates AOL Studios, the world's leading creator of original interactive content. Other branded Internet services operated by America Online Inc. include AOL.COM, the world's most accessed Web site from home; Digital City Inc., the No. 1 local content network and community guide on AOL and the Internet; AOL NetFind, AOL's comprehensive guide to the Internet; AOL Instant Messenger, an instant messaging tool available on both AOL and the Internet; and ICQ, an instant communications and chat technology on the Internet.

To: Chuzzlewit who wrote (334)	12/30/1998 2:27:00 PM
From: Cosmo Daisey	Read Replies (3) \| Respond to of 41369

Chz, """I was unaware that AOL continues to trade on the NASDQ. By the tone of your post, you seem to subscribe to the manipulation theory of stock price movement, can you please show me using numbers how it is possible for anybody to do this profitably, """ This is how the market works, it's not manipulation from the standpoint that most novices try to impart. When there is a large purchase expected the MM's need shares and will move the price to take out the stops. If you place a stop ten points below the current price you are telling the MM that you are willing to take that amount for your stock, nothing evil, just sending a message to the MM who will fill your order. The specialist "book" is confidential so no one knows where the stop orders are but if you enter a stop through e-trade the traders there certainly know where it is. Stock prices are quoted in several places simultaneously and you can place your order where you get the best price and that price gets printed. There are several trading markets in addition to traditional brokers, Island is one that is available to the traders and the price may be different that the quote we see. E-trade, datek, and others do their own trades when they have orders on both side of the trade, check your next statement an look for the code number "1" on the statement and that tells you your broker did the deal himself either will a cross order or a short sale (on a purchase) I am not implying this is a bad thing, only pointing out that this is how the market works and it wouldn't work without it. cdaiseyPhD@hit_the_stops.com