America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: bobby beara who wrote (28379)	8/5/1999 12:04:00 PM
From: SpongeBrain	Read Replies (1) of 41369

All I know is the nets are VERY OVERVALUED from here. Yes, there will be bounces that will make for great trading, but I am talking a little longer term than this month or next. We still have a good 50% downside from here. Many of these stocks will be delisted. They are hardly real companies, they are more like hobbies. I'll check back at the end of the year. Why do people still hold? AOL is up 400% from its 52 week low of 17. AOL at 80 is a complete rip-off ! Would you EVER buy a stock that is up 500% ? Wow, talk about chasing a stock!

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