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

To: RocketMan who wrote (3073)	1/21/1999 4:57:00 PM
From: Annette	Read Replies (1) \| Respond to of 41369

Some idiot is on CNBC saying he sold his AOL to buy CNET and Broadvision and DoubleClick.

To: RocketMan who wrote (3073)	1/21/1999 6:04:00 PM
From: Steve Robinett	Read Replies (2) \| Respond to of 41369

Rocketeer, You say, Today's action has nothing to do with AOL, and, of course, you're right, nothing directly to do with AOL as a company. It does have to do with AOL as a stock, especially as a Internet momentum stock. Another well-known investing mistake is applying long-term analysis to short-term trading situations. That's considered a no-no, mainly because it doesn't work. From a technical point of view, if AOL drops below 130 (its last pullback low), you could see it move down below 100, most likely the high 90's. Best, --Steve