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Technology Stocks : CyberCash a buy?

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To: Jim Fraser who wrote (2461)12/2/1998 11:01:00 AM
From: PeterR1700  Read Replies (1) of 3990
 
Jim - speaking of aol...

My entire (current) investment strategy is based on aol's pattern. About 5 years ago, my buddy's 10 year old son was "online" and I didn't know what that was. Buddy explains that 10 year old pays "AOL" a monthly charge for the privilege. I immediately race home, research pure online plays and buy as much aol as I can. The stock takes off, splits, grows, splits again - it's kinda awesome. Then it plummets, people panic and so do I. I sell at a handsome profit but way too early.

So now, I buy things that I believe in longterm and try to replicate the pattern. In cych's case, I fully expect it to grow, split etc. E-comm is going to happen IMO.

White-knucklin' Peter
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