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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: Sportfish who wrote (430)6/8/1999 5:52:00 PM
From: gizmo&jack   of 720
 
This is my opinion on your observations (and $Moguls). I understand how you guys feel. CAOL has been disappointing. But I really believe in the company intermediate and longer-term. (As I have with SYCD and am about to reap the benefits from as I believe are you). Question people like $Mogul ask themselves is if this is a good longer term hold, then I will just come back in a couple of months if I see things turning around. It is not a bad strategy for those who are able to watch the markets like a hawk. Because you never know exactly when a stock might really run. Personally, I can't watch stocks all day long every day (not insulting those who do here; I just can't do it). So Iwhen I believe that a company is massively undervalued as I do here, I feel confident that one day, it will be recognized. It almost always is and MMs can't do anything about it. May take 3 months or 3 days, but I have to invest now and hold so I don't miss it while I am in a meeting or something. So the stock is being manipulated badly, but the company and management are fundamentally sound and undervalued IMO. Conclusion: might take me a while, but I have a feeling this will offer triple digit returns by yearend.
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