SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve lipson who wrote (7197)2/12/1998 10:50:00 AM
From: steve lipson  Read Replies (1) of 13594
 
I love the motto "buy from the fearful, sell to the greedy" and I have to admit that this AOL buying spree looks like greed.

I sold half my long position before earnings the other day -- the profit after almost 1 1/2 years was just too big to agonize over what strange details might be in the earnings. Now I'm thinking about selling the other half, even though my bias is to be a simple buy-and-hold investor and I see nothing new to worry about regarding AOL's future.

I'd advise all my friends the shorts to play somewhere else. This is not a house of cards or a tulip. There can be a big correction, befitting the huge runup, but not the outright collapse that you would need to make it worth the risks you take with puts/shorts IMHO.

Best of luck to all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News