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

To: Tunica Albuginea who wrote (15186)	5/6/1999 8:41:00 AM
From: James Young	Read Replies (3) \| Respond to of 41369

All, Would anyone care to confirm the following excerp: Unfortunately, we could also fall prey to a well placed, fatefully timed downgrade of a key stock. The good news is this is just a rumor. The bad news is this is a very strong rumor. However, we (as traders) need to be aware of as much as possible to stack the odds in our favor. What we have heard is that Merrill Lynch plans to downgrade AOL's numbers from $0.36 to $.32 for the June quarter. This could very well kill any rally in the internets which would put a tremendous drag on the Nasdaq. We were unable to confirm it, so keep your fingers crossed