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


To: Frank Ellis Morris who wrote (21763)6/13/1999 6:43:00 PM
From: Aljorma  Read Replies (1) | Respond to of 41369
 
I'm in AOL at $8. I've noticed that many of you are searching for any good reason to hold or sell. I can only recall one other time in the last couple of years I got the feeling that it was time to get out. I didn't then only because my wife told me not to. At that point I had doubled my money. The stock took off from there, but it was the right environment for Internet stocks. When momentum was the name of the game everyone was hyping and buying. Not anymore.

I can sit here and say I should of sold at 175, 160, 150, 120, 100 not down here at CLOSE to the bottom. I don't know were AOL's price will be at the end of this week. Whether the CPI numbers are going to further shrink my profits or stabilize them.

My point is there is no one here that can answer these questions for us. You might as well ask yourself how your going to feel at the end of this week if things continue to erode. If your sitting here Sunday night concerned then maybe you should sell.

I'm leaving to get a Richies slush. I hope when I get back we'll all have made up our mines.

Aljorma