Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: CGarcia who wrote (21707)	6/13/1999 4:07:00 PM
From: James R. Barrett	Read Replies (1) \| Respond to of 41369

I am really sorry to hear that C. If you don't mind my asking what stocks did you buy to lose $80,000? Back in 89 I was into buying $2 and $3 stocks. You know the routine, "if I buy 3,000 shares of XYZ for $2 and it goes up just $1 I will make a $3,000 profit". Of course the stock went down a $1 most of the time. I bought 2,000 shares of Bank of New England as the price went from $4 to 25 cents. I kept telling myself there is no way that a bank with $16 billion in assets could go belly up. Well it did. After two years of kidding myself I finally decided to buy quality stocks. Once in awhile I slip up like I did with IFMX but overall I have stuck with my rule. AOL is very pricey but it is definitely a quality stock. Jim