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Technology Stocks : America On-Line (AOL)

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To: tang who wrote (35894)12/24/1999 8:40:00 PM
From: Spreck  Read Replies (2) of 41369
 
To All the Thread
I held lots of AOL and was really thinking big numbers on the way up. Then in April it Did a collapse. I held on and with the support of the thread believed the stock would come back.... Too bad for me I could not handle it and sold out at 88 when it tanked the second time.... I could not handle the heat in the kitchen so I bailed....I bought back in when it hit 100 going to 160 and splitting again... So I made out ok again...When I sold at 88 I still doubled my money....Yesterday I sold out again at 84 1/4.....Why....? because the Money Managers are selling too....They all are having that short term fear (Free internet providers) and the stock or the market is telling us all that again. So will this be a short term sell off maybe... maybe not ....But putting my money in stocks like QCOM...JDSU...seem to be a better bet short term than getting a slow burn.....My wife on the other hand is holding all her AOL shares.....So we have two different visions on the same stock in one house....
Mr Market could turn this puppy around in a flash....the snap of your fingers ....have one person mention some deal with AT & T and aol will fly like monkeys coming from your ____t
I just have been very successful with other stocks and thanks to some people on this thread and the dell thread I have learned its alright to take a profit.....So congrats to all who held through thick & thin. Especially to c garcia who my friends and I always talk about..And once again Thanks To All The Teachers on this thread who taught me so much.....
Spreck
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