<<People will realize that they are no longer invested in a pure i-nut, therefore the over-valuations will no longer apply>>
On the contrary, my friend. The moment this deal was announced, people formed their initial conclusion..either good or bad. If you are just now and in the next week or 2 going to be thinking about the valuation thing, then you are far, far behind the 8 ball. The moment this deal was announced, the valuation thing came into play.....What I see is many, many folks already bailing because they are concerned about the valuation, not getting ready to bail. In fact, of the 80% of the folks that bailed, many will slowly realize how foolish they were and will buy back in. The INITIAL impression by many was "well, I'm outta here...this aint a pure inut anymore "...and they bailed. As this gets digested, more and more folks will see the implications...how big this can be...how good it is for aol. Additionally, many big boys already know this, as well as many seasoned investors with open eye's. AOL is a steal right now...those that dont see it...fine, I could care less. The drop was fully expected...and so is the rise we will eventually see.
KG |