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

To: tang who wrote (11081)	4/17/1999 8:51:00 AM
From: Glenn D. Rudolph	Respond to of 41369

AOL: OLDE DISCOUNT made new estimate for fiscal year ending 06/99 of $0.37 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 03/99 of $0.09 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 06/99 of $0.10 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 09/99 of $0.11 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 12/99 of $0.12 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for fiscal year ending 06/99 of $0.37 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 03/99 of $0.09 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 06/99 of $0.10 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 09/99 of $0.11 on 04/14/99 AOL: OLDE DISCOUNT made new estimate for quarter ending 12/99 of $0.12 on 04/14/99

To: tang who wrote (11081)	4/17/1999 9:30:00 AM
From: GalSal	Read Replies (2) \| Respond to of 41369

4/7 CSCO hit 120 4/6 AOL hit 175 4/16 CSCO closed at 105.688 4/16 AOL closed at 139.75 Panic selling only makes the situation worse. Maybe we're seeing a lot of that right now and not just in AOL. I'm concerned that the recovery may be very slow because investors who bought AOL cheap will be there to take quick profits on any rebound. Any thoughts on the effects of panic selling?

To: tang who wrote (11081)	4/17/1999 11:50:00 AM
From: Jenne	Read Replies (1) \| Respond to of 41369

Mutual Understanding Magellan backs off techs By Craig Tolliver, CBS MarketWatch Last Update: 5:54 PM ET Apr 16, 1999 Fund Alerts! Mutual Fund Center The world's largest mutual fund is backing off on techs, according to Jim Lowell, editor of Fidelity Investor newsletter. The $90 billion Fidelity Magellan Fund (FMAGX) sold off nearly 5 percent or roughly $4 billion worth of technology holdings, Lowell reported Friday. Fidelity spokesman Scott Beyeral confirmed that technology represented 20.9 percent of fund manager Bob Stansky's portfolio at the end of the first quarter, down from 25.5 percent Jan 31. While more than a fifth of holdings are still dedicated to tech issues, the recent sell off could be a bellwether for this very volatile sector. "It calls attention to the fact that the sector in which Stansky has the most experience may be showing signs of near-term weakness," said Lowell. Stansky is not alone, either. Will Danoff of Fidelity's $41 billion Contrafund (FCNTX) is also pulling back. Danoff reduced his stake by nearly 7 percent or about $3 billion. Today on CBS MarketWatch Online brokers face service probe by SEC Dow sets record, techs fade Small-cap investors smell a rally Eli Lilly, BankAmerica among stocks to watch Monday Amazon strong on price view More top stories... CBS MarketWatch Columns Updated: 4/17/99 11:39:06 AM ET Where to next? In both cases, managers appear to have taken an interest in the energy sector as well as parking a bit in cash, as a defensive gesture, Lowell said. Money funds fall Assets of the nation's money market mutual funds fell by more than $5 billion in the latest week. Retail funds decreased by $2.1 billion to $879.7 billion for the week ended Wednesday, the Investment Company Institute reported. Assets of the taxable money market funds in the retail category fell by $1.2 billion to $725.7 billion and tax-exempt funds' assets dropped $926.4 million to $153.97 billion. Institutional money market funds decreased by $3.2 billion to $590.2 billion for the same period. Among institutional funds, assets of the taxable money market funds fell by $474.8 million to $542.3 billion and tax-exempt funds were reduced by $2.7 billion to $47.8 billion. Total money market mutual fund assets stood at $1.5 trillion for the week.