Look at the following AOL's price, we have almost 7 weeks
back to back up-swing for a total of $59 5/8 since the
stock split on 2/22/99, we are talking about 35 business
days, you are trading AOL but do you gain the same $59
in the same period of 35 business days?
4/16/98 17
11/17/98 41
---------------------------
2/19/99 80 1/8
2/26/99 88 15/16
3/05/99 86 15/16
3/12/99 96 1/8
3/19/99 119 1/4
3/26/99 125 1/16
4/01/99 150
4/09/99 159 15/16
4/16/99 139 3/4
Timing the market is a hard job, added small gains may not
equal to the total gain at the end, been there ...
AOL is a news driven company, Case/Pittman know how and when
to let out news, AOL/More members USA, AOL/more members oversea, AOL/CBS, AOL/DSL, AOL/CABLE, AOL/wireless, AOL/new
tools, AOL/Free PC, AOL/buying..., these are the going-to-be-news, the price impact on AOL is only up and up, most importantly, these news
are usually occurred SUDDENLY and you may look at the monitor with
xxxx feeling because you just sold yesterday or hours ago!
Internet is the future, AOL is at the top of that future, AOL is
the safest among all internet stocks, at the end of 5-10 years,
you cannot stretch your stock price without earning anymore, if
AMZN cannot make profit in 3 years, no matter what their plans are
the market will get tired of their explanation, same to other
money loss internet co., there is no forever-loss-money company allowed.
Look at AOL, each buy/merge/partnership adds more
value to its stock!
Internet has at least 10 years to go before it becomes
utility, AOL's price will be at least $1000, sitting or
trading? |
