America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Jimbo Cobb who wrote (11536)	4/19/1999 6:17:00 PM
From: StockMiser	Read Replies (3) of 41369

There is always risk...that's the game we are all playing. Let me ask you this. For a 1 month time frame, would you think it is riskier to short AOL or go long? At $115/share. I still got some cash. I'll go long tomorrow 100 shares during the first hour, and you go short. I'm willing to put up cold hard cash for what I believe...are you? Come on...take the challenge :-) All this valuation analysis is pure crap. If your "science" isn't predictive of future results, then it's purely academic. Valuations are only a factor in as much as they influence buying/selling behavior. People would rather own AOL than IBM. The world changes, and people are banking on these changes. Actually, from a technical naz perspective, this was some blood in the streets. AOL is just moving with the sector. FWIW, I got a "STRONG BUY" rec from my favorite "guru" today after close. The buy lists include: AOL, CMGI, AMZN. After tomorrow I might have the porfolio I missed last October cause I was too busy allowing my emotions to rule my trades. I might even buy some AMZN (a stock I once commented "anyone that can sell $250,000,000 in books in one quarter and lose money can't know what the hell they are doing".) LOL SM

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