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


To: Keith Howells who wrote (2934)1/19/1999 5:55:00 PM
From: Cosmo Daisey  Read Replies (2) | Respond to of 41369
 
Keith,
The announcements that funds have positioned in AOL is not the best news. The stock responded to the increaded pressure on the ask as funds and money managers positioned. If everybody is in, who's left to buy? We can look to the funds and large stock holders to support the stock in a downturn sometimes to protect their cost basis but if they are interested in adding to positions they will let it fall. The reason for all the buy rec's and analyst upgrades on AOL is because the are already in, once again who's left to buy?
CD