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: Dennis who wrote (12836)	12/22/1998 8:12:00 PM
From: Brian K Crawford	Read Replies (1) of 13594

<<I doubt very much that funds will pay 200 per just because it is in the SP......they would just wait a bit for it to come down, then but in a few days or weeks, or spread out the buys.>> I think that index funds need to own the basket of stocks. They don't generally time stocks, they buy and hold them. By 12/31 they need to have this stock in their portfolio or run the risk of lagging the S&P500. IMO, we have more upside ahead. Meanwhile, the moves of the last few days will surely induce some to take gains, especially after Jan 1st (new tax year). Great to be long! Brian

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