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

To: William S. who wrote (22337)	6/15/1999 12:01:00 PM
From: Ed Forrest	Read Replies (1) \| Respond to of 41369

Rumor central: I can't vouch for the reliability of this report, but a reader-suggested site says that an AOL price cut is coming. By Patricia Sullivan, SiliconValley.com editor Write to us at morning@sjmercury.com the-adviser.com Check this out. Ed

To: William S. who wrote (22337)	6/15/1999 12:28:00 PM
From: David E. Taylor	Respond to of 41369

William: With hindsight, you're absolutely right, and I guess there are many on the thread who wish their present cost basis was that July 1996 68, now only 8.5 split adjusted! But at the time, the drop from 68 to 24 caused many to write off the internet as a passing fad, and who swore never to go near AOL again, etc. etc. That was also the time of huge run-ups from IPO levels of NSCP, SPYG, UNET, etc. Makes me feel older just thinking about it! It was just as tough then as now to sort the potential winners from the pack, and it sure was no certainty that AOL would develop the commanding market lead it now has. Again with hindsight, I wish I'd just taken a large base position in AOL and closed my eyes for three years. While I've done pretty well in both AOL and DELL with a trading strategy (buy, short term hold, longer term hold, sell when valuation seemed out of whack with business growth, buy again, etc. etc.), overall a buy/long term hold, while gut wrenching at times, would have done just as well, if not better, with a lot less work. David T. David T.