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


To: ChinuSFO who wrote (19902)6/3/1999 3:47:00 PM
From: grogger  Read Replies (4) | Respond to of 41369
 
i agree. I see 50



To: ChinuSFO who wrote (19902)6/3/1999 3:54:00 PM
From: Steeny  Read Replies (1) | Respond to of 41369
 
Ed, it takes guts to make that comment and I respect it. IMO, this slow burn down will continue. I do not think it will stop until interest rate fears evaporate. I don't know where the bottom will come, but AOL will not go parabolic up again. Too many people got killed on this downturn to recreate the momentum we once had.

The scary fact is that most investors are long between 70 and 90. They must be getting nervous now and looking to lock in profits. I would guess there are loads of sell stops just under 100.



To: ChinuSFO who wrote (19902)6/3/1999 4:04:00 PM
From: Bridge Player  Read Replies (3) | Respond to of 41369
 
Yes Roy, totally agree. Except it will not stop at 90.

BP



To: ChinuSFO who wrote (19902)6/3/1999 4:14:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 41369
 
you must be a journalist. they media has been talking about this bubble stuff for a while now and been wrong repeatedly. this is called a correction. we've had summer tech corrections at least 3 years in a row now. hasn't stopped the bull yet.