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Technology Stocks : America On-Line: will it survive ...?
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To: Jorge who wrote (11692)11/1/1998 9:51:00 PM
From: zax  Read Replies (1) of 13594
 
I don't want to sound condescending, even though I'm sure it's going to be mistaken as such, but being concerned with P/E is a sign of an inexperienced investor, IMO...Way too much importance is given to it.

I don't want to sound condescending either, George. Thats why I'm going to go long on AOL on up days and sell after small gains. Then, when AOL runs too much, I'm going to short the hell out of it.

This way, I will burn as much of AOL's market capitalization to market makers and point spreads as possible, and reinvest my modest gains into small caps.

Please, don't get paranoid about what I'm doing. Its really for the best.

You see, when you make love to a woman, its really a lot more fun to sometimes be on top, and sometimes be on the bottom.

It is now AOL shareholders turn to be on the bottom.

Good luck investing.

Regards,

-- Eric
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