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Technology Stocks : America On-Line (AOL)

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To: tang who wrote (12106)4/21/1999 8:02:00 PM
From: Voltaire  Read Replies (3) of 41369
 
tang,

you make me feel guilty to a degree. First of all I feel anyone exposed to any stock, even AOL to the tune of 18,000 shares must use discretion. Now I have always felt that each individual has what I call a sleep tolerance. In other words, how many shares can an individual hold and still get a good nights sleep. Well on Monday two weeks ago when AOL was in the $163 range, I sold all but 5,000 shares. I also sold all my RNWK. Why? Just a feel. I will be more than glad to inform the board of these decisions but I feel there are too many scare tactics already on the boards and I would hate to contribute to. If I ever get scared of AOL, you will be the first to know. Started getting back in big time with about 200 contracts, July 160's at an average of $12 per. Also picked up about 9,000 shares of Dell when I recommended it last week. Still think it is a great buy here. We will see.

Sorry if I have sinned.

From the porch,

Voltaire
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