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

To: DAWGS who wrote (3092)	1/21/1999 11:47:00 PM
From: mg1041@aol.com	Respond to of 41369

INTERESTING ARTICLE: iionline.com

To: DAWGS who wrote (3092)	1/22/1999 6:55:00 AM
From: Calvin	Respond to of 41369

DAWGS, From the Option Investor Newsletter: AOL - America Online $141.00 -7.50 (-5.50) Whoosh! That's the sound of the rug being pulled from underneath the Internet stocks. AOL suffered too. Honestly, it could be a lot worse. AMZN and YHOO are down approximately 46% and 40% respectively from their highs, while AOL's price looks more like consolidation. AOL is sitting near its 30 day moving average and should bounce off it if the internet sector doesn't experience complete meltdown from here. With internets already well off their highs, a lot of air has now escaped the bubble. A further huge sell-off is not as likely. Bottom line: AOL has rapidly growing real earnings from an outstanding Christmas and is a split candidate at these price levels (over $120). We anticipate a split along with earnings to be announced January 27 after 5:00pm ET. Only 4 trading days left. We think an earnings run has got to start soon. Confirm market direction backed by strong volume before playing, or target shoot for a better entry. Still an Internet; iron stomach and ice in the veins required. [almost every commentator about the internet stock meltdown today made an exception for AOL. They all felt that AOL would comeback and was the best play in the entire sector] Calvin