America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: yard_man who wrote (7987)	2/18/1998 10:30:00 PM
From: Harry Larson	of 13594

<May be nothing more than adjusting for the rise in the price to keep relative positions inline with their targets.> If a fund manager has confidence of 10% or more rise in a stock over 6-12 months, that stock won't be sold just to "keep relative positions inline". Funds, especially mid-small cap growth often attain major "imbalance" due to outsized apprecation of a few names. No one sells just because of that. Makes no sense. Selling is motivated by assessment of risk-reward versus other investment alternatives.

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