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


To: Tunica Albuginea who wrote (19114)5/28/1999 10:55:00 AM
From: Steeny  Read Replies (2) | Respond to of 41369
 
TA: ALthough I also can't believe that the FED will raise soon, there are some very bright insiders who very strongly believe the FED will raise in June(Goldman's analysts along with many economists). Yesterday's insider report pointed to the fact that the Fed has moved away from a reactionary stance to pre-emptive. The Medley report is extremely closely watched by insiders(the only people who have initial access to the it). Although it isn't said, the Medley report has a strong link to FOMC voters. The most recent report basically said that the FED will raise unless inflationary #s get WEAKER. This surprised many traders who had assumed it would take STRONG #s to raise. This means if #s come out flat, the report says the FED will raise. The hawks on the FED really want to take back the 25bps they gave to save Asia. Tuesday's NAPM will tell a lot.



To: Tunica Albuginea who wrote (19114)5/28/1999 11:32:00 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 41369
 
Dennis #2, gg: AOL :118.1, TA

Dennis, I have a sneaking suspicion that Inet stocks will slowlt move up today.
People in the know, know that interest rates are not going up. Economy is good.
Eps Q2is coming. They may not wait till Tues. I think prices will slowly dRift up.
Most of the weak hands are off-board now.
At the end of the day AOL may close at 118-120 and open up nest week at 125+:
too late to buy it at these prices. Just my humble opinion.
( I liked how the inets barely moved yesterday with Dow tanking 235 points. Same
old same old: Economy is moving to the net. Old companies have to reinvent
themselves ),

TA