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


To: Irene Lynn who wrote (12430)4/23/1999 6:56:00 AM
From: Craig A  Read Replies (1) | Respond to of 41369
 
Irene
Thank you for the great site. I intend to check out Mr. Dorsey.
My ta is very limited. (Most of my energy is into my classroom.)
A bunch of folks here are hungry for direction in that area.
Craig



To: Irene Lynn who wrote (12430)4/23/1999 8:27:00 AM
From: Steeny  Read Replies (2) | Respond to of 41369
 
Irene & everyone, I have short-term concerns with AOL technically and fundamentally Please note that I am long but only because I am hoping for a huge # on Tuesday.:

1: the 15 day moving average was breached significantly this week. This generally signals a flat to negative short term(1-2 week trading range).

2: the gap between the 15 day ma and the the 25 day ma is fairly wide. It is rare to stay this way for long and 90% of the time, the correction causes a short term drop in the stock price until the two lines narrow, if not converge.

3: There is a wide gap between the long-term trend line(currently around 100) and the market price. This can only be sustained with some strong fundamentals i.e.- a blowout number.

4: Too many of us are banking on a split. This is very unlikely. The stock just split 2 months ago. Also, the Sprint sale will increase liquidity, making the split less likely.

5. Having said all this, an awesome number will rocket the stock.



To: Irene Lynn who wrote (12430)4/23/1999 9:24:00 AM
From: Jeffry K. Smith  Read Replies (1) | Respond to of 41369
 
Thanks for the info IRENE! Sounds like a place I should visit. >EOM<