America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: The_Guru_00 who wrote (49)	12/28/1998 11:13:00 PM
From: Dr. D	Read Replies (1) of 41369

I'm not sure they could buy a nationwide DSL carrier. I simple posed the question of a possible scenario. Sorry to hear about your short position in AOL. Hope you have healed. I only short stocks I own when a correction is in progress as a hedge. I cover as close to bottom as I can, then buy using 50% of my margin account and hold until weakness is apparent. Pay the taxes and smile all the way to the bank. It may seem like a strange strategy but it works for me, and I've never had a margin call. It accounts for an extra 20% this year without selling my longs. I stay long-term until I think fundamentals and/or growth rates change. I confess I did sell some of my DEll to buy AOL in November. Best wishes and, happy investing 3d

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