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Technology Stocks : America On-Line (AOL)

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To: Aljorma who wrote (27003)7/26/1999 10:23:00 PM
From: HECTOR RUBERT  Read Replies (4) of 41369
 
Hate to bring this up but sold half of my position at $111...

Took money off the table 'cause the world is against AOL. First Fidelity Magellan and all the other Fund Herds, then AT&T leaching court hearings over broadband, then UK Free ISP service, now we have an Instant Messaging Battle Against Microsoft and Yahoo.

To top things off...Greenspan is killing the bulls.

BTW: Mr. Braverman/from MLynch(I think) you know the analyst who Upgraded AOL to Strong BUY when AOL was $160 with a 12 month target of $200 just came out today when AOL hit below $100 to inform investors that he doesn't see better times ahead until September.

The man gets paid a million dollars a year for investment advice. Well lets see, Mr. Braverman told me to STRONGLY BUY AOL at $160 and the stock has since fallen to today's low of $99.63. Can you do the math? Mr. Braverman has cost investors who followed his advice 38% CAPITAL LOSS within 2 months. Now for the overkill he says all stocks could go even lower. If he gets paid a million a year shouldn't he have known back when AOL was 140, 130, 120, that something was wrong?

He better not visit Orlando Florida unless he wants me to do to him what he did to all AOL investors. And I hope CNBC doesn't show his NERDPUKE FACE again. I bet he hyped AOL and others to increase his SHORT position. What a bastard.


Sorry everyone, I'm just completely frustrated with the whole thing.

Night,

Hector
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