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Non-Tech : CAOL: The Chinese AOL and Internet Lottery
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To: Sportfish who wrote (430)6/10/1999 10:35:00 PM
From: Ms.Penny   of 720
 
Hello Sportfish:

I remembered you responding to me about what to do with caol as I had bought it originally at $1. I believe that it will take time for the stock to move upwards. I read a very interesting article (my brother-in-law had it) about the market makers getting shares for dirt cheap. They have lots of patience, and will keep driving the price down to accumulate. They know that many of us don't have the patience to hold and will eventually sell at a loss.
I bought 6000 shares at $1 and bought 2000 more at 5/8. Will hold for long term.
Good luck to you whatever you do.

Ms. Penny
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