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Technology Stocks : America On-Line (AOL)
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To: im a survivor who wrote (5144)2/17/1999 12:43:00 AM
From: THE PHANTOM  Read Replies (2) of 41369
 
Food for thought. Remember that Yahoo also had a small float. With stocks like that, they can go up very rapidly, but can also go down just as fast, or even faster. When you have a small float and people are trying to get out you can have a 25%+ dip in a day. One of the reasons Yahoo has been going down so fast is that insiders are starting to exercise their options. I spoke of this last month. Prodigy is no exception. Another thought. Prodigy has a long way to go to put a threat on AOL, if it ever does. I believe I heard they only had about 800,00 subscribers. I also saw the T.V. reports on Prodigy, but they may have been too late to get aboard. They really screwed themselves up. They were number one and way ahead of everyone. Now look at them.

As to people talking about Dell going down. I also noted that in an earlier post (please don't get me wrong, I'm not boasting, just pointing out some facts to others as I have also learned from others. Take anything I say with a grain of salt. Disregard it if you don't agree) that Dell had a very high PE and that Compact had finally gotten rid of their inventory which had a very high cost factor. Now compact is getting into the same selling practices as Dell and is finally successfully competing with them. While I don't have either Dell or Compact, were I to invest with either one, I would pick Compact.

Good Luck,

PHANTOM
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