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

To: HF who wrote (13407)	4/27/1999 5:58:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 41369

This really was a terrific quarter, I don't know what more AOL could have done this quarter. I think a lot of day traders bought in yesterday betting on a split, and when they didn't get it they sold. No big deal, a split is meaningless to the company's fundamentals, and besides they don't have the shares for a split. A more meaningful movement will be what the institutions do after digesting the numbers, and based on their comments I think they will maintain or even increase their ratings on AOL. If the price comes down they will be even more motivated to add to their positions. As far as I'm concerned I'm putting AOL on autopilot for another quarter.