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Technology Stocks : America On-Line: will it survive ...?
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To: freeus who wrote (12078)11/24/1998 8:16:00 PM
From: Frank Ellis Morris  Read Replies (2) of 13594
 
Good Evening Freeus,

I think we are shareholders in some excellent companies, Dell, Msft, Intc, Aol, Csco etc.
Although my problem with AOl has been the lofty valuation, I finally threw fear to the wind and have accepted the fact that AOL is now a world premier stock which is a modern day phenomenon. In stead of trying to time the market and jump in and out of these companies I have bought them for the long term and even have some on margin. I think the return to the shareholders on AOL, Dell and Msft will be most rewarding for many years to come. Next month and January of 1999 should be very good this year as they are historically. Soon I am expecting Dell to break out of its several week slump and resume a nice advance. Microsoft is getting ready to explode and I think the justice department should say lets just call an end to all of this and go home. Have a great Thanksgiving.

Best Wishes
Frank
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