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Technology Stocks : America On-Line (AOL)

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To: Chuzzlewit who wrote (3930)1/28/1999 11:18:00 PM
From: Ian Davidson  Read Replies (2) of 41369
 
Paul,

Do Greenspan's comments today about the internet stocks not ease your fears just a bit? He had a real chance to level some pretty destructive comments about them, when instead, much to my suprise, he said that they wouldn't be rising like this if there wasn't something underneath all this and that there would be winners and losers, but because of the dynamics here, some might deserve to go much higher. This really floored me....I never expected him to say anything like that. He also acknowleged that the internet is changing the way we live and our whole economy.

Like you, I bought a few hundred shares when they were absolutely tanking last August and I'm sitting on some HUGE gains, which I intend to just sit on. I'm not even thinking of selling yet. I'm just going to sit tight and enjoy (?) the ride.

Just my thoughts,

Ian
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