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

To: CGarcia who wrote (21863)	6/14/1999 8:04:00 AM
From: John Boluyt	Respond to of 41369

Selling has been overdone. You can see it just by reading this board. Many selling on emotion and not fundamentals. Shorters are out in groves. I use TA all the time, but it can't always be trusted. Look at the charts of many of the technology indices and you can see bottoms setting up. Many of the individual Internet stocks have held on 200 DMA. Interest rate worries have been over blown. We already have a 1/2 point figured in to the bonds. People are selling the Gorilla stock in the Internet space. AOL will have a lot of great news in the coming quarters. Many of the people on this board think they can sell here and average down. People are mad because they didn't sell at the top. No one could call the top, but everyone thinks they can call the bottom. NOT! Buying & selling on emotions is a losing game. People loved the stock at 170 and can't stand it at 99. 40% to 50% declines are great buying opp. Volatility is part of the game when buying these stocks. Those thinking about selling, take a read on some of these old pieces: COMPLETE AOL ANALYSIS streetadvisor.com AOL THE BROADBAND KING streetadvisor.com AOL: ASSESSING THE SELLOFF streetadvisor.com AOL: QUESTIONING OF VALUATION streetadvisor.com Please try to remember why you bought this stock in the first place...