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Technology Stocks : America On-Line (AOL)

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To: Technician who wrote (13092)4/27/1999 11:27:00 AM
From: Rhino Ray  Read Replies (1) of 41369
 
I believe Vendit made this comment last Monday when AOL was down to about 112. If I could paraphrase that you either are smart enough to know the highs and sell, and smart enough to know the lows and buy. Although I wish I was smart enough I am not; therefore I will just buy a great company and hold. Over time this I believe is still the best strategy. I would like to say that many of your comments are very good and I like to read them. You seemed to be quite bullish, however last Monday I think I recall you stating that AOL was going down much further and that you were going to then pick it up in the 80's. AOL is going to be huge, impacting millions of lives daily. Particularly with the set top boxes and hand held connected devices. I believe that in the future your entire house will be connected to the internet so that if you wanted to change the temperature you could get online and change it. I believe that AOL is going to be working closely with it's partners and alliances to have a major role in devices that will affect everyones life on a daily basis. We've only just begun as this company charges toward its' destiny.
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