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


To: Jim Croci who wrote (17707)5/20/1999 1:37:00 PM
From: avanti77  Read Replies (1) | Respond to of 41369
 
<Why such light volume the last few days? Have the Institutions had their fill of AOL?>

A lot of the institutions reduced their positions toward the end of April, having enjoyed the great Dec-Apr run. Summer season is usually the weak one for the techs, and I guess they figured they could re-enter their positions toward Aug-Sept. Just think they're biding their time. No real news on AOL to change that plan. I agree with Steeny on this; we'll probably see the buyers coming out in 2-3 weeks.