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

To: Steve Robinett who wrote (14657)	5/4/1999 4:49:00 PM
From: Vendit™	Read Replies (2) \| Respond to of 41369

Steve, I have said many times over the last several days that support was in the range of $128 to $130. Charts update overnight and I noticed a slight downward shift in the support line I was looking at this morning. I told several people this morning before the market opened that I thought a new support target was a reality via private message and I provided them with a chart link for them to view it themselves. I hope I have not mislead you and please believe that I have no agenda. I have actually been rather openly reserved about where I though AOL could go because the short seller didn't need any help from me. Please reread my statement in the link you provided. Support is still about* $130* Message 9288211 Everything I post is always just my opinion. Take care, Vendit

To: Steve Robinett who wrote (14657)	5/4/1999 4:49:00 PM
From: Joe S Pack	Read Replies (2) \| Respond to of 41369

Steve: Vendit's TA is not bullet proof as you know. TA is based AOL behavior. If general market condition and macro economic trends go against general trend of an individual issues then it is impossible to have an accurate prediction. This short term trend of money being pulled out of high PEers (MSFT,CSCO for eg.) has not stopped yet and there is no single sector withstood today's profit taking. AOL has a strong support at it 50DEMA and tomorrow's meeting should provide some more positive support. I agree with you that (based on my own experience) internet sector is not immune to 40 to 50% correction within a short while. This happened a few times. We already visited mid 110s and second visit is not to far away from today's close. But rotation of money into DOW dogs is not sustainable as they have not shown a consistent uptrending revenue stream yet. I think DUPont scrapped today. IMHO this consolidation is healthy for the stock. This sideway movement may persist for another few weeks as we are approaching the end of this earnings cycle and a few gap between now and next warnings cycle. Of course all MMs need to reload again and they need a good entry point for the next quarter show. However AOL can change the trend if it can announce a few contracts or a broadband alliance. -Nat

To: Steve Robinett who wrote (14657)	5/4/1999 5:05:00 PM
From: Steeny	Read Replies (3) \| Respond to of 41369

Steve, I think you have a good point.$90 is feasible. Represents the trend line from the Oct lows and the major resistance area in Feb. We are less than $40 away right now. However, the more significant trend line which began in early Dec and has been tested and held 3 times, currently is at about 117. This line will be tough to break. ALSO, the 50 day MA, now at about 125 has not been broken since the October lows.