Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RetiredNow who wrote (3501)	1/27/1999 11:56:00 AM
From: BYRON S DOHERTY	Respond to of 41369

I hope AOl hits 190 minmld, but I think that the market already has the anticipation of earnings already in. And If there is nothing spectacular during announcements, I think (but hope not) AOL will drop about 5-10 points.

To: RetiredNow who wrote (3501)	1/27/1999 12:07:00 PM
From: Steve Robinett	Read Replies (3) \| Respond to of 41369

Meld, You say you just bought in for the earnings bounce and expect AOL to surprise after close today and expect to sell stock at $190 either tomorrow or Friday. If you check an AOL chart, you'll discover that most often (not always but a significant majority of the time), AOL runs up ahead of earnings, as it just did over the last couple of days, and sells off afterward, a buy-on-rumor-sell-on-news pattern. AOL recently lept way ahead of fundamentals then paused. Volatility of both options and the underlying issue has fallen off, indicating less speculation at least recently. If AOL announced another split (doubtful this quarter), it might see your 190. Otherwise, my guess is it's back to sell on news. Good Luck, --Steve