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

To: SAMUEL MORANO who wrote (15467)	5/7/1999 7:58:00 AM
From: Orlando Stevenson	Read Replies (1) \| Respond to of 41369

I'm in agreement with a number of folks that still sense more near-term downside. Vendit's (one of our AOL gurus!) offline comments regarding other indicators nearing their upside trigger reports is right on. On the interest front side.. it'll be interesting to see what the market's take is on employment numbers coming out today before opening bell. CNBC's theme/experts this morning are centering on Greenspan's comments last night (indicating the possibility) of growing inflationary pressures (esp labor) in the US being accelerated as a global recovery resumes. So, with good (?) employment numbers- the tech wreak seems poised for at least some near term upside next week. Bad numbers, or Greenspan sneezes <g>, to support the growing economic inflationary indications being reported (rising commodity costs.. etc) and we're looking for a protracted (months?) downside slip and more trading range up/downs (imho). This about all the time I have for this homework.. other opinions? :) Best, Orlando