America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: JDN who wrote (39389)	3/30/2000 11:58:00 AM
From: Sonny McWilliams	Read Replies (1) of 41369

JDN. Yes. I agree with you that she did not come across as an alarmist. But even the subtle hint for us to lighten up on techs did the trick, didn't it? Fine. She let us all know that she took 5% out of the market. But why go on and tell us to lighten up on techs and then we find out they invest some more in tech the next day? The whole point for me is: Why appear all over TV right at the end of the quarter? Are we too dumb to know that her S&P target was nearing? She had a target of 1525 or so and then raised it a cpl of weeks ago to 1575 and to the high 1600's further out. Doesn't she keep saying: We flow with the market and adjust our stance accordingly? Evidently NOT THIS TIME. JMO. I have followed her for a long time and do have great respect for her. But I also remember this last little episode when the market was at 10,000. But I guess this market downturn in the techs is plain coincidental to her remarks. Right. She was very subtle and had our best interest at heart. And Mobius can't even call his own field correctly, so no sense listening to him. But still, he IS influential. Sonny

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