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

To: KeepItSimple who wrote (10860)4/15/1999 7:24:00 PM
From: RocketMan  Read Replies (1) | Respond to of 41369
 
I like to keep it simple, but I think that's too simple. I agree that a lot of speculation and frenzy had hit the techs. However, I don't think it was the little guys buying at the end, it was the institutions, and those same institutions suddenly decided to rotate their funds. I can understand the little guy buying into momentum, but not an institution. So I just don't know what happened, I don't know that anyone really does, but certainly the way the techs were running it could not be sustained.



To: KeepItSimple who wrote (10860)4/16/1999 7:35:00 AM
From: GalSal  Read Replies (1) | Respond to of 41369
 
Maybe investors just pulled their money from AOL to put in other stocks that were moving such as the financials, etc. AOL frequently moves sideways---especially after it has moved to a new high. They'll most likely be back with a new announcement from AOL.


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