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


To: Boplicity who wrote (17333)5/17/1999 9:58:00 AM
From: Steeny  Read Replies (2) | Respond to of 41369
 
This looks like buying before the analyst meeting. I would like to say that AOL is separating from the rest of the INETs, but I think people are just betting on great news from the meeting. On the plus side, I would expect a real rally tomorrow aftyer the Fed meeting. The Fed will move to a tightening bias and the market will rally based on the fact that it has been oversold. Bond yields at 6.00% will cause significant buyers from overseas, especially the Japanese who will not be able to pass up those yields relative to their own 10 yr(1.67%).