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Technology Stocks : America On-Line (AOL)

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To: Captain Jack who wrote (38849)2/22/2000 7:01:00 PM
From: RocketMan  Read Replies (1) of 41369
 
Well, Cap'n, I wish you well in COMS, I am also in that one for the Palm IPO. I hope you don't have too much of your portfolio in AOL, or in any one stock. Many market darlings from last year are down in the dumps so far this year, including QCOM, my largest holding. This is when it is important to focus on fundamentals. No question about it, if we could foresee the future we would all be rich. But since we can't, the best we can do is to diversify among a basket of good fundamental stocks and wait them out. In the meantime we can profit, if we're lucky, from some mo stocks. As far as AOL, I've made a ton and I've lost a ton, well maybe half a ton :-) I am still very bullish on AOL for the long haul, and would be very surprised if by the end of the year it wasn't at all time highs. At least AOL is going now through what every internet company will have to go through before it figures out how it will survive in the long term. I would much rather have AOL than Yahoo or any number of other internuts.
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