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

To: Vendit™ who wrote (19086)	5/28/1999 6:49:00 AM
From: Craig A	Respond to of 41369

Good Morning Vendit Ecouraging post especially for my CNET. I see AOL #1 pick.Thanks. From Briefing.com this AM FWIW: "Not As Bad As It Looks Again, it is important for investors to remember that even if the indices do give back another 6%-10%, such a pullback would be nothing more than a normal bull market correction. Will it be painful. You bet. But will such additional weakness spell an end to the longest running bull market in history. No, and here's why. Interest rates remain relatively low. Despite recent angst, inflation is under control. S&P 500 expected to grow earnings in quarters two and three by nearly 10% year/year. DJUA recently established a new high. The market rarely tanks when the DJUA is marching higher. Breadth stats are improving, last week notwithstanding. US equity market remains best game in town. Long-term moving averages and trendlines remain unbroken." Robert Walberg

To: Vendit™ who wrote (19086)	5/28/1999 7:26:00 AM
From: sam	Read Replies (1) \| Respond to of 41369

AOL may test its new recent low of 105. May go lower. Or it may not. I give up trying to guess the short term swings. That said, I have seen lots of fund buying through this "correction" as retail shareholders sell for reasons including fear of inflation and margin calls. These sell-offs, at least to me, seem somewhat contrived and designed to funnel cheap shares to institutional hands. So long as we hold the shares, the pressure will continue. So I suggest that everyone still holding sell out NOW! That'll end the carnage. (But remember, I'm gonna still hold mine. ;)) 18 million captive sets of eyes. A burgeoning potential of ecommerce profits. However, as far as the Street is concerned, AOL management imo is THE key asset. I have a feeling that the new "credit card" will be coming in very handy soon.