America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Fred B. who wrote (15303)	5/6/1999 3:04:00 PM
From: MulhollandDrive	Read Replies (1) of 41369

>Meanwhile, on the flunctuations of the stock price , take this from someone who has made a fortune on AOL : Relax, put AOL stock away and don't even worry about it for a couple of years. You will be happy you did so. << Fred, While you have made some very good points in your post, this last statement bears serious scrutiny. AOL may indeed come out on top at the end of the day, but I can assure you that ATT's Armstrong is very focused on occupying the same space. The market is reflecting the concern that the battle has been enjoined and the outcome is very much in question. As far as "putting the stock away and don't worry about it for a couple of years".....Listen, there are plenty of companies that were the initial leaders in their space, only to be overtaken by a more innovative competitor and their stocks plummeted and have never recovered. Being first doesn't necessarily mean you end up on top. National Semi and Intel come to mind. The point is, as an investor you should always be wary of the competitive landscape and it's implications for your investment. bp

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