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


To: RocketMan who wrote (3080)1/21/1999 6:59:00 PM
From: Craig A  Read Replies (1) | Respond to of 41369
 
Someone with brain mass much larger than mine please check out after hours quotes and interpret the huge trade I think I saw.
Thanks
Craig



To: RocketMan who wrote (3080)1/21/1999 7:07:00 PM
From: Steve Robinett  Read Replies (1) | Respond to of 41369
 
Rocketeer,

You say, Since I am long-term, I am not really tuned to short-term trading situations. I care about what AOL will do in 4 or 5 years, and what it does tomorrow or next week is only an academic interest.

Okay. Then you can sleep nights if the stock tanks. Long-term, I'm generally positive on AOL as a company.

You also say, True, but it will not do this [drop to the high 90's] outside of an overall market swoon

Okay.

There is also some short-term potential to run up ahead of earnings on Jan 27th--AOL frequently does that, run up ahead of earnings, sell off after earnings--though if the Internets in general are pulling back, I would guess AOL pulls back too.
Best,
--Steve