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

To: Vendit™ who wrote (17281)	5/16/1999 12:47:00 PM
From: Jenne	Read Replies (2) \| Respond to of 41369

DULLES, Va. (CBS.MW) -- With America Online shares in need of a major event-driven infusion to break out of their doldrums, AOL's institutional investor conference, set for next Wednesday, offers a perfect chance for the company's management to orchestrate just such an event. Shares of America Online (AOL: news, msgs) were down 7 1/2 to 125 1/8 in the final half-hour of trading Friday. The stock has been on a rocky road to nowhere since hitting a high of 175 just a month ago, right before the company reported quarterly results. Jonathan Cohen, director of research at Wit Capital, had noted recently that AOL is historically an "event-driven stock" and that investors may need some big news to drive it higher. The Dulles, Va., online services giant convenes its investor and analyst conference in Washington, D.C., on May 19. AOL Chief Executive Steve Case and Bob Pittman, AOL's president, are expected to speak at the all-day event. James Preissler, an Internet analyst at PaineWebber, expects to hear "upbeat presentations" from AOL's executives. He expects AOL to give updates about the Sun Microsystems (SUNW: news, msgs) alliance and about AOL's international plans. Today on CBS MarketWatch Edgy investors wonder if inflation is the "phantom menace" Star Wars could put an extra $100 million into Fox coffers Economists say Fed unlikely to raise rates Tuesday Keebler, H-P, and K-Tel are among stocks to watch Consume this! Flooz.com, Starbucks, Sears, inflation, more More top stories... CBS MarketWatch Columns Updated: 5/16/99 11:50:30 AM ET But the big opportunity, dubbed the next wave for the Web, is high-speed access, and AOL executives will likely be grilled by the investment community on just when customers will be able to sign up for these services. At the moment, AOL has agreements with SBC Communications (SBC: news, msgs) and Bell Atlantic (BEL: news, msgs) to provide broadband access to AOL customers over DSL, or digital subscriber lines. These services, which are expected to make connections 20 times faster than 28K modem links, start rolling out this summer. Taking services one step farther -- in other words, adding interactivity -- AOL earlier this week announced plans to deliver such services through the TV by striking partnerships, including alliances with two Hughes Electronics (GMH: news, msgs) units, DirecTV and Hughes Network Systems. The services will be delivered via DSL. AOL TV is expected to be available in 2000, but the price is yet to be determined. That announcement may have just a mere appetizer. According to a BusinessWeek article, AOL may invest as much as $1 billion in Hughes Network Systems, which is developing a two-way satellite service called Spaceway. Executives from neither company would offer comment. On Tuesday, however, an AOL spokesperson said the partnership deal was the first in a series of announcements.

To: Vendit™ who wrote (17281)	5/17/1999 12:06:00 AM
From: Joe S Pack	Respond to of 41369

Vendit and Ed: Here is a link I posted on idea thread that dispels these CPI based inflation scare. exchange2000.com Also read this post for a neat explanation. exchange2000.com Another point to ponder is that Fed need to keep this market's exuberance under control and the next earnings cycle is another 4-6 weeks away. -Nat

To: Vendit™ who wrote (17281)	5/17/1999 7:15:00 AM
From: Vendit™	Read Replies (7) \| Respond to of 41369

How I see this week shaping up for AOL: In this chart you can see a money flow analysis. A bottom is made when the money flow line gets close or touches the lower red line at the 20 area of the scale. This is where AOL is as of close Friday which is a very bullish condition. In the main chart above the smaller one you will see the general possible trading range indicated by the upper and lower black lines that envelopes the stocks actual price moves. This places lower support at about $119 and upper resistance at $147. A break above or below either of those two levels will mean a continuation to the next level of support or resistance. askresearch.com Williams R% Created by Larry Williams to identify overbought and oversold conditions based on today's price in relation to past prices. Williams %R has an excellent ability to anticipate price extremes and many times forms a top or bottom and reverses days before the securities does. The chart is read upside down with peaks designates as lows on the %R scale. Oversold readings occur in the 80-100 range and overbought readings in the 0-20 range. askresearch.com In the above chart you can see AOL is very clearly oversold and due for a rebound. My favorite buy signal (MACD 8-17-9) is also still very much in a doable range to signal. askresearch.com My opinion is that it is possible to open lower on Monday but we will see a rebound start Monday afternoon or Tuesday at the latest. New near term target is $147. All of this is IMO. Vendit