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Technology Stocks : America On-Line (AOL)
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To: Steve Robinett who wrote (3068)1/21/1999 4:13:00 PM
From: Keith Howells  Read Replies (1) of 41369
 
Steve,
If the 500 times cash flow would have bothered the person purchasing AOL, then the purchase never would have been made to begin with. Now that they have the stock though, Phantom's advice is excellent. The drop today had nothing to do with AOL. It was a broad based selloff. This person should not unload their AOL shares in this kind of a market unless they have a profit they want to protect.

The AOL story has not changed and earnings are supposed to be great. Unless you can time the market and have all day to spend staring at a screen, buying AOL now or tomorrow should provide a reasonable return.
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