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: LindyBill who wrote (13129)	12/28/1998 12:39:00 AM
From: Jorge	Read Replies (2) of 13594

LindyBill.....Why sell at all?....1)If you believe AOL hasn't peaked in it's growth, ride out the downs, smile at the ups...2)Spare yourself the tax consequences, even 20% after 1 year is better than 28% for gains made within 1 year....3)You WON'T be able to time your exit and entry points perfectly either, they'll be calling you "Whipsaw Bill" after awhile..at the same time the buy and hold guys will be called "Rich", or "Astute" for nicknames.... My guess is you haven't been an individual stock buyer very long...What you're talking about is an illusion a novice finds appealing. If AOL is any good at all, buy and hold, there's where your wealth will begin to REALLY accumulate. Regards, George

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