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Technology Stocks : America On-Line (AOL)
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To: Ed Forrest who wrote (18833)5/27/1999 12:39:00 AM
From: cato88  Read Replies (1) of 41369
 
I didn't mean to sound flippant, but when a stock gains 100% in value in about one month...3-2-99 to 4-5-99, I guess I consider that to be so great a gain that I can't imagine it going any higher. At least, I would be happy to take a profit long before that. No, I don't know how high is high, but I would consider that buying in at the point where a stock has already gained about 98% in about one month is operating on the greater fool theory. That is unless you are looking for a gain of 1/8 or 1/4 pt.
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