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


To: Venditâ„¢ who wrote (8222)3/28/1999 5:21:00 PM
From: robert duke  Read Replies (1) | Respond to of 41369
 
Hey Vendit, Things are still looking good for AOL RFMD G and GNET. I'm still happy. I think we are in for a good week but it is hard to tell.



To: Venditâ„¢ who wrote (8222)3/28/1999 5:32:00 PM
From: RocketMan  Read Replies (1) | Respond to of 41369
 
I think next week is very tough to call because of Kosovo. However, based on Friday's action the Dow looks like it might want to retest the 10k level. If it does, I think it will be a double top and fall back to a 9600-9700 resistance level before consolidating and breaking through. I just don't see a breakout before we get out of the pre-announcements and into earnings season in a couple of weeks. However, Kosovo is the wild card. I think the bombing will continue for another week or two, and the market has probably already discounted that. But if we have any casualties on our side, or if the atrocities continue or get worse on the other side, there might be a lot of turmoil in the markets and in the world political stage. I have my own thoughts about the appropriateness of an air campaign to stop genocide, but will keep them to myself.

As far as AOL goes, you are the expert on the charts, and as you said AOL likes to surf the 10 day MA, so we might see a slight pullback to the 115 area and some consolidation until we get to the internet earnings season. If internet earnings are good, AOL will run ahead of its own earnings.

What's your prediction?