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


To: KENNETH DOAN who wrote (16965)5/13/1999 5:44:00 PM
From: Hobie1Kenobe  Respond to of 41369
 
Kenneth,
Wouldn't put too much into those trades (if you're inclined to view them negatively). Yesterday at 4:00:59 a 250,000 share block of IBM traded (according to Quote.com) at 225 1/2 after IBM peaked at 228 and change around 3:30. Being long IBM via July calls I was concerned that perhaps the smart money was bailing ahead of the analyst briefing. Needless to say whoever let go of those 250,000 shares probably wishes they would have held for at least another 24 hours. JMHO, but IBM is getting some long-awaited recognition by doing what AOL and the other nets have been doing so well -- making news. I'm also very long AOL and looking forward to a strong move upward next week. Good trading!!!
JF3



To: KENNETH DOAN who wrote (16965)5/14/1999 7:41:00 AM
From: Steeny  Read Replies (1) | Respond to of 41369
 
In an average AOL day, there are dozens of trades of that size. Don't read anything into it.