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Technology Stocks : America On-Line (AOL)

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To: Frank Ellis Morris who wrote (3150)1/22/1999 5:25:00 PM
From: musea  Read Replies (1) of 41369
 
Frank,

You've taken a long-term view on other stocks, why not AOL? You presumably invested in AOL because of its potential going forward. I don't think you can judge the stock or the company based on its share price movement in the first 21 days of January.

Yes, the current situation is frustrating, but remember that the stocks you mentioned tumbled dramatically (30-40% or even more) from their highs and AOL did not. I recall a time not long ago when INTC was essentially flat for a year. A good company with a good business plan in a growing industry will eventually show growth. Well, usually :-).

All the best,

-musea
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