America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Detail-MD who wrote (34933)	12/3/1999 4:47:00 PM
From: im a survivor	Read Replies (1) of 41369

<<Why not wish it goes down to $50? Then you could buy ALOT more! >> How true. Bottom line - Dips in fundamentally sound companies are healthy....and profitable. Look at the last dip...from $170+ to below $80. Was I happy AOL cut itself in half ? No, not in real time emotions. I am happy now ? You betcha....That dip to $80 enabled me to make that much more profit on the way back up. I look at it like this, I believe strongly that 1 year from now AOL will be considerably higher. Do I want it to go straight up, or up and down, up and down ? Downtrends simply enable a person to buy more/accumulate a particular stock. Make believe I have 2000 shares of AOL at $75. One year from today, it has split once and is sitting at $75 again. Now knowing that, isn't it nice to have one or two blips during the year that enable me to go from 2000 shares to 3000 shares, at considerably better pricing. Or would I rather keep buying at higher and higher prices ? I guess my point is quality will eventually win out. I prefer to buy quality at a discount. Have a great weekend.

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