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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (22453)	5/10/1999 1:08:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Teflon, I already have my sell order on RNWK--might fill soon. I have rarely made money on net stocks so I hate having them in my account for any long period of time unless all my net holding remain no more than 5% of my portfolio (will go up to 10% sometimes).

To: Teflon who wrote (22453)	5/10/1999 1:15:00 PM
From: Brian Malloy	Respond to of 74651

I hope AOL is on the mend but be cautious. Things to consider and keep an eye on. -Jim Miller of the Legg Mason Value Trust thinks AOL is over valued and sold his complete position. This guy was like Mr. AOL, I don't know at what level he plans to buy again. -Not only is there the bullish W there is the bearish M (reflected W). Do a quick check of the 100 day chart on AOL. Note the double top around $175. And the down slopes around them forming an inverted W. Also note the lip formed around 19-26 March as the stock was going up. We are at that level today. We could edge up then begin to fall lower. It would seem to be unlikely, but lower support is at about $112, $93 then $82. We may form the right side of the inverted W before heading higher. IMHO

To: Teflon who wrote (22453)	5/10/1999 2:48:00 PM
From: J Krnjeu	Respond to of 74651

Mr. Teflon, Brian, one sees this same trading chart developing in AOL. (IMHO!) I've notice the same thing, in fact look at SFE, it seems to move in concert with AOL and MSFT. Some of the TA people are looking for AOL to be around 170 by July. I both a few calls last week and am looking to buy a few more. Just something to keep it interesting. Thank You JK