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

To: Vendit™ who wrote (14662)	5/4/1999 5:03:00 PM
From: CGarcia	Respond to of 41369

Now I know for next time....when the stock has a runup to $175 and no mention by the company of any split...expect the stock to drop...forget a 3-1 like alot here were saying...we may get a 2-1 in July or Oct at best now...I'm sure fund managers want it this way in order for the stock not to get ahead of itself in value.

To: Vendit™ who wrote (14662)	5/4/1999 5:38:00 PM
From: Steve Robinett	Read Replies (1) \| Respond to of 41369

Vendit, Actually, AOL closed at 127 & change, below your 128-130 range. By the way, I thought technicians established support and resistance based on where the stock had traded for a while, not on how the chart updated overnight. It is also possible to read AOL's chart as a double top. I don't put much faith in any TA, which I consider problematical at best. But many people do make buy/sell decisions based on TA so I suppose we have to understand it to understand those buy/sell decisions. Best, --Steve