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Technology Stocks : America On-Line (AOL)

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To: Ross Roberts who wrote (4436)2/5/1999 4:55:00 PM
From: PDL  Read Replies (2) of 41369
 
Man, I thought we just went through that last August - October. Sheesh, I don't think I wan to do that again any time soon !!!

Ross: That, my friend, was a mere pause... a mere ripple. One major thing to worry about -- probably 75% of all investors today (and 99% of all internet-stock investors) have never seen a real bear market (1974-5) or something beyond a one month slump (the last sustained "recession" being 1991-2). Believe me, I don't want to see one because it will be ugly, but I don't think we've seen the last of major market cycles... and that includes major corrections.

Have a good weekend!

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