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


To: Steeny who wrote (14200)4/30/1999 3:37:00 PM
From: KY  Read Replies (1) | Respond to of 41369
 
Wouldn't be too sure of that.

While it could be simple profit taking, most are probably reacting to the bond moves today. If this is the case, and over the weekend investors start believing that interest rates are rising, every high pe stock is getting crushed on Monday.

I personally don't think inflation is a problem, and would take any short term interest rate panic as a chance to buy.

Would rather have AOL at 120 than 135.

KY