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Strategies & Market Trends : Buffettology

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To: James Clarke who wrote (882)12/31/1998 11:35:00 AM
From: jhg_in_kc  Read Replies (1) of 4691
 
James, I am amazed you are considering buying a stock I own. Mirabile dictu! In my view one of the best times to buy AOL will be the week after the New Year's Holiday. I believe the stock will be marked down 10 to 20% on Monday, Jan. 4 when the big boys get back from vacation. Your analysis of AOL was much appreciated. I have printed it out to re read. By the way I sold 1/2 of my position in AOL at 150. I had purchased about 1/2 of it at 40 and the rest at 105. If you buy AOL you will have to swallow hard and tolerate its sky high p/e IMO It wont get much lower.
jhg
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