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: Craig A who wrote (22681)	6/16/1999 6:55:00 PM
From: E. Davies	Read Replies (2) \| Respond to of 41369

They are an enigma when it comes to what they have accomplished. But is that going to make money at the rate fast enough to warrant the price? We bought and have traded AOL with complete confidence. our basic assumption was that AOL would be utilized by everyone 'jumping' into the net. Their first tricycle. What happens when the training wheels are thrown away? All very legitimate points. I fired up one of those AOL carpet bombing disks once. Got the free subscription. Cancelled it. Why would anyone want a cruddy service like AOL when you have the web? I dont get it either. But AOL does seem to "get it". The subscriber growth rate is immense. Acceptance of the internet as a part of life is still only in its infancy. And remember, the ones who are left are the least tech-savvy of them all. A bet on AOL is still exactly that-- a bet. Maybe the "bubble" has burst and we wont reach the old highs for many years. But AOL is still the #1 recognized name. Some people still think AOL is the internet. I of course have faith in ATHM's ability to grow even more than AOL can grow. Its a simple matter of scale. Eric

To: Craig A who wrote (22681)	6/16/1999 8:27:00 PM
From: Catcher	Read Replies (1) \| Respond to of 41369

craig i enjoyed your post. for me aol is the one to hold since it has the eyeballs & people tend to be inert...they stay with what they have. maybe the reason we follow stocks like aol hour to hour is that unlike in grampa's day there is so much info out... so much interesting stuff to soak up--kind of a hobby the other reason for watching inet stocks closely is that it is a new/unique environment with things like 200 + eps ...things that maybe require hyper monitoring

To: Craig A who wrote (22681)	6/16/1999 8:53:00 PM
From: C Nelson Reilly	Read Replies (4) \| Respond to of 41369

Craig A, >>I question how many 'investors' were really shaken up by this last month. I sure was. But I won.<< I lost. Actually, I won in a way. I am the only trader in the United States that lost $6k today during this monster record setting Naz one day point gain rally. My broker cracked up; I think he's gonna send me the "Investing, Speculating, and Gambling for the Retard That Rode the Little Yellow Bus" pamphlet. I literally couldn't believe it. I have huge bumps and cerebral contusions on my Insana-like forehead from pounding it into my state of the art trading desk. The swelling subsides every time I think I deserve a prize, better yet a standing ovation from David Tice, Jimmy Rogers, Alan Abelson, Bill Fleckenstein, name your own loser bear. I was and I still am playing with scared, confused, and stupid money. I don't have a real job, my wife doesn't have a real job, my teenage daughter doesn't even have a fake job (though she has been thrown into teenage interview hell). The market has provided complete and extravagant sustenance for us for several years; I've been prescient, lucky, and somewhat astute. For some subconscious reason I sold all AOL Monday morning. Lock in that three bagger but ignore the future (why didn't I think of that six bagger before I went to Vegas at the height of the mania? See AOL post #12227 for an example of my usual staunch drunken bullishness). Could it have been inadvertent brain damage? Tainted liquor? Excessive amounts of mind altering chemicals? My naturally optimistic outlook on the future? My flashback recall of painful summer meltdowns? Who knows or cares at this point. I looked at the future and went against my instincts and have paid the price. If I could get an Instinet quote on the chance that I'll get laid within the next week I'd play the downside. Hope the wife covers her short position soon. I'm gonna buy 1,000 shares of SCH at market on the open tomorrow. Yours in hideous hindsight, C Nelson

To: Craig A who wrote (22681)	6/16/1999 10:26:00 PM
From: KENNETH DOAN	Respond to of 41369

>> I question how many 'investors' were really shaken up by this last month. I sure was. But I won.<< Are you kidding, If anyone said that they didn't, they're lying. I have not had a good night sleep for quite sometime now. I took a gamble and AVG down at 91. Either save my savings or loose it all (I margin it) now my average cost per share is 108 still. I did the same thing with ATHM, EGRP, INKT, & SCH. I am the (+) with ATHM and INKT, still in the (-) with EGRP, & SCH. I am hopping for another rally tomorrow so I can get out of the margin position. Let see what Mr. Greenspan has to say tomorrow, hope that he keep the rate the same cause if he raise it, I'm in big trouble. Good Luck investing