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Non-Tech : CAOL: The Chinese AOL and Internet Lottery -- Ignore unavailable to you. Want to Upgrade?


To: Lynn Goodman who wrote (510)7/1/1999 1:29:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 720
 
Lynn, I love CAOL and I suggest you call their PR firm to get more info for yourself. I think personal DD is very important.

The key to investing though is setting goals and expectations. Too many daytraders will be dissatisfied with this or any stock that doens't double or quadruple in a day or a week.

If your long term horizon is longer, I think this stock has a very good opportunity to do well. It may go up fairly dramatically in the next week or two, or it may go a little lower and climb steadily over the next few months. It could even go steadily down if the company gets unlucky or if there is a couple missteps, who really knows?

But what I always do is look at the REWARD to RISK ratio and I think this company is in the right place at the right time, and I think management is not flashy but very savvy and thorough, and so I am betting that we have a good chance here for a long term winner.