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Technology Stocks : America On-Line (AOL)

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To: Marvin Mansky who wrote (25871)7/16/1999 9:59:00 PM
From: RocketMan   of 41369
 
AOL is a highly volatile stock. It is not for the faint hearted. This week's drop was probably due to fund rebalancing, because with the year to date rise, their percentage of AOL is higher than they want for their fund's objectives. If you new to the stock, and decided to buy part of the company for the long run, don't worry about the daily, weekly, or monthly volatility, it will drive you nuts. If you are a trader, of course, then you can make a lot of money on the volatility if you time it right.
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