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


To: Teresa Lo who wrote (13775)4/28/1999 8:38:00 PM
From: yihsuen  Read Replies (1) | Respond to of 41369
 
Question

Is AOL going to raise the monthly fee by $1? I read it here on the thread yesterday. Could someone guide me to the source if it is true. Thanks.



To: Teresa Lo who wrote (13775)4/28/1999 11:29:00 PM
From: Technician  Read Replies (2) | Respond to of 41369
 
The decline to 112 was an early signal of things to come:
the MM were anxious to take profits, some unloaded before
the INET earnings, but many waited to hold back as buyers
created a false bullish signal by bidding the shares back
up quickly (112 to 167), when this happens it is usually
never the end and now we are seeing the follow through of
the MM's initial profit taking.

In light of the recent upgrades, the INET earnings,
end of month window dressing and extremely bullish
market conditions, tommorow will be a reversal day,
the selling will continue scaring the hell out of
people and just when you lost your nerve, guess
what, AOL will rebound from around the 130 area
and may close at 145 or so.

Again seeing the rather somber mood on this thread
I am extremely confident that tommorow will be the
end of the VERY SHORT BUT INTENSE INET correction
which really came in a one two punch, more
convinced then ever to use this thread as an
AOL contrary indicator, a graph of the sentiments
here and AOL price action will bear this out.
No offense however to anyone except that the
general public always gets extremely bullish
or bearish at inflection points.