Nice seeing GREEN, considering the dow, naz and s&p is down for the day...not to mention most of my inuts are down as well except MSGI ( a winner some should look at ).
Oh well...everybody have a great weekend...I am not letting go of a single share of aol, and will gladly buy more if the idiots of wallstreet wish to bring it down further.
The talk from yesterday is oh so very true...when a stock is high, everybody says they will buy at a lower target. If the lower target is met, fear will prevent one from buying...instead one will most probably buy something more highly valued. In the long run, most people will see in hindsight the prudent thing to do would have been to buy the quality at a discount...and thats just what I intend to do. People talk about slowing revenues..man, aol is a friggin cash machine...and we have barely scratched the surface. Lets say that we lose some revenue to other isp's..pick an amount...any amount. In 5 years, they will still be making more then today, even if they are losing some revenue to other isp's. Why you ask ?? Well, the inetrnet is just a baby..if you think people spend $$'s online now, just wait for a few years....there will be more people spending $$'s more ways then we can possibly imagine. Soon, the inetrnet will be a way of life. I see it everyday...more and more people that said they would never get a computer are getting one soley because they have to be on the net or they will be left behind. I can only imagine the revenue stream in 3 or so years...and can only imagine the revenue aol will get from doing alliance deals with other businesses, advertisers and the like.....It's scary when you think of the possibilities...but when I do imagine the future, I can't help but imagine a higher share price as well...a much higher share price.
Good weekend to all....I'll keep buying this dog with fleas..the more it drops, the more I will buy...then sit back and watch this dog with fleas destroy all the so called thoroughbreds..... |
