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Technology Stocks : America On-Line (AOL)

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To: Modano who wrote ()1/7/1999 9:50:00 PM
From: Waldo Rood  Read Replies (1) of 41369
 
Hi, All:

I have been long AOL since the 50's. I am perfectly happy with its performance the last couple of months. I am not concerned with its future in bandwidth. I trust the management team at AOL will have the answer for us.

What I am concerned is the other internet stocks such as AMZN, EBAY, and YHOO. One day the collaps of AMZNs and EBAYs and YHOOs will drag AOL down with them.

I am building my long positions on AOL and also thinking about shorting AMZN to give me balance. But watching the maniac behaviors of AMZN and YHOO, I dare not.

Any suggestions.

WR
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