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

To: Rommy B. who wrote (16959)	5/13/1999 4:46:00 PM
From: Lee Martin	Read Replies (1) \| Respond to of 41369

I'm not a trader and my strategy since last NOV when I dumped DELL and bought AOL has been that the PC is now a commodity, the net is where the hype is at, so I'm going to keep it simple and invest in the bellwhether net stock AOL until this strategy stops working. I'm not even close to giving up yet. However, if I were a trader I would put in a buy order on AOL at about $130 and a sell order on IBM at whatever price it closes at today. In other words, I think AOL hits about $130 and heads higher, while IBM fills the huge gap it had today. I'm hoping that IBM fills the gap on its own and doesn't take the whole market with it. Every time I've looked at a gap on a bellwhether stock it has eventually been filled. What I wonder is what is going to happen to cause that gap to be filled? Is it going to be co. specific or is the whole sector or market going to tank to allow the gap to be filled? So all you weak AOL longs out there, do us a favor and dump your AOL at the open so it goes to $130 where hopefully it will bounce along with the rest of the beaten up nets so we can get back on track again. In other words, if you love your AOL you've got to set it free, so it can do it's thing and come back into your portfolio at a much higher price. Regards,Lee