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


To: T.R. who wrote (10832)4/15/1999 4:45:00 PM
From: Brewmeister  Read Replies (1) | Respond to of 41369
 
I believe (partly) in the more devious side of the market makers and big brokerages on days like this. With the huge run up in the nets the past month, the amount the MM's would pay out on options tomorrow is, er, was huge. Recommendations for cyclicals seems well timed to help crush the net sector to get the prices down to where it won't kill the MMs financially. Hey, did anyone really hear anything bad in the last 2 days (with the possible exception of SEEK)?

A friend who is heavily into options, generally selling covered calls, says the market makers generally win on options about 80% of the time. (Selling plays to the 80%). This could be an example of them getting on the win side.

I figure a correction was inevitable, and perhaps this is all it is, but the timing is amazing.

I think next week we are headed back up, particularly as we head towards earnings.

Still got all my shares and looking forward to earnings.

17M subscribers - not bad, not bad at all...

Regards,
Brew



To: T.R. who wrote (10832)4/15/1999 4:45:00 PM
From: Calvin  Read Replies (1) | Respond to of 41369
 
*OT*

Hi Tom,

My prediction is that CNBC will be promoting Gold tomorrow morning and that they'll have a live interview with LT. In the afternoon they'll be touting pork bellies and they'll have Thomas J. Smith on.

Never say never when it comes to CNBC. Everything is possible.

Calvin



To: T.R. who wrote (10832)4/15/1999 4:55:00 PM
From: im a survivor  Read Replies (4) | Respond to of 41369
 
what I find interesting about the folks on cnbc is they are not allowed to invest in companies they cover......this brings up a couple of interesting points.......

they cover about evrything, so what the hell do they invest in ?

wonder how hard it is to cover gorilla's like aol, watching everybody get rich, and they can't own the stock

although they must be neutral, one must wonder if they tend to be slanted at times....no matter what, they are human and it is a live program.

wonder what their compensation/salary is....must be awesome. I can't see anybody taking a job in which their hands are tied such as they are with limited investing capabilities, and not being very well compensated.

oh well...better days are ahead for aol...no worries



To: T.R. who wrote (10832)4/15/1999 8:32:00 PM
From: ChinuSFO  Read Replies (1) | Respond to of 41369
 
First off, I would tend to think that CNBC does not drive the investors, especially the big funds. The big funds just sit up one day and decide to sell when the stock price has met their goals.

I am of the opinion that is the case with AOL. Then when the stock is sufficiently down there, it becomes an opportune moment for those that missed the boat to jump in. And that is what is about to happen. (The phenomenal runup before earnings)