HI Chuzzlewit; I am new to this thread. Started getting into AOL few weeks ago at 78 with the Dell and Netscape announcements and started accumulating from there.
I agree with everything you said and don't have the answers you seek.
Let me digress and state that I will attempt to trade AOL all the way up (GG, I hope ) to $300+(take your pick), mostly for personal fun;I agree that perhaps buy and hold is better.But the fun in it is to try and beat conventional wisdom,(GG).
I appreciate the insights of any would be traders on this thread.
For now the game is as follows:
-I will invest only in AOL (except for some minor positions in few other stocks);
-Will put "all my eggs in one basket".
-I will " watch the basket "and buy low, sell high,buy back, as much as my other full time job allows; which incidentally is why I need a few more eyes to watch this baby, and I think I got them in this thread.
Hi also to my friends from PFE, Uncle Frank and Cosmo D. Good luck to you all,
TA
PS:My random ideas on AOL: A cyberspace COSTCO. In an upcoming deflationary world environment with falling pricing muscle," cheap is king ": the Internet, by eliminating the middlemen and assorted bribe-takers to do business.And AOL will put the seller and buyer together for cheap.A giant cyberspace volume discounter a la Wall Mart and Home Depot in the early stages. Give away a little PC too to do it for you??? With it's size AOL will muscle it's subcontractors to stand behind their product or else..... you are out...GG.No overhead...what did I leave out?
I had to swallow hard to buy the high PE. But as Barron's learned the last 3 years, PEs are meaningless in a world wide of baby-boomers racing to do-it-yourself-e-trade-investing for old age.
And finally, the coup de grace: good stocks are never cheap.
TA |
