America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: yard_man who wrote (9662)	4/29/1998 11:17:00 AM
From: Jethro Bodine	Read Replies (1) of 13594

How can people sleep at night buying or even holding stocks like AOL at these prices and valuations? I guess the answer is that it really feels pretty good on the ride up - quite pleasant indeed. Nevertheless, there is a day coming when the same people will ponder why they didn't sell when they knew it was getting too crazy. I'm old enough to have a few gray hairs and this isn't an investment but a pure speculative bet that there is a "greater fool" out there to unload on. Chances are the risk vs. reward ratio is better now in Las Vegas. Ask yourself this question, where is the buying demand going to come from when the rose colored glasses come off. A $15 billion market cap for this company! I must live in the Magic Kingdom.

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