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


To: Ed Forrest who wrote (23217)6/19/1999 12:43:00 PM
From: Rascal  Respond to of 41369
 
The thread is started



To: Ed Forrest who wrote (23217)6/19/1999 1:01:00 PM
From: David E. Taylor  Read Replies (3) | Respond to of 41369
 
Ed or anyone:

Any idea where I could get some statistics on SI membership and usage? The last I saw, there were about 60,000 members, but I can't recall if they are all paid up lifetime members (with the ability to post), or if a substantial number were just registered members with the "read-only" access.

Also, I recall seeing posted somewhere on SI some info on the average investment account balance of SI members, average age, average no. trades/year, etc., but I can't remember which thread I saw that on, and I unfortunately didn't bookmark or printout the info. Anyone help?

As I posted earlier, I'm going to try to summarize all my thoughts, questions, foreseeable problems, etc. with this idea into as short a post as possible (given my naturally verbose nature, comes from working with lawyers for so long). Then, before starting a thread to assess general interest, I'd prefer to PM those on the AOL thread who have expressed interest so that what (if anything) goes out publicly on SI will have the benefit of more than just my wild imaginings.

I'll probably repeat my first post on this subject on the DELL thread as well, since that's where I've actually made my largest accumulated profit and where I've posted the most. Plus, it was the recent action in DELL as well as AOL that brought this idea to the forefront again.

So, anyone on the AOL thread (or any other thread for that matter) who wants to receive by PM my first crack at outlining how this might work, please PM me over the weekend, and I'll put you on the list.

Thank goodness the 90 floor (which represents my minimum fair value for AOL) held up this week. I used my remaining available cash and a small amount of margin to add to my AOL holdings, but I didn't have the fortitude to go further out on the limb due to the potential oversell downside into the 60's that I also thought was possible. Wouldn't it be great if we were in the position of knowing we ("we" meaning the millions of individual investors who collectively own half of AOL)could safely take that kind of action without the fear of getting our clocks cleaned by the "big guys"?

Have a good weekend all.

David T.