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: Dr. David Gleitman who wrote (26644)	7/23/1999 4:25:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 41369

AOL's only problem right now is that it the best known and most successful pure internet play, and is making a ton of money. Therefore institutions move in or out based on whatever calculations they make to maximize their quarterly gains, and small investors react to that movement out of proportion to the company's fundamentals. Other internet plays have much less institutional involvement and are losing money right and left. This makes them more appealing to the small investor, because little is known about their ultimate success or failure, and the less they know the more the investors project into the companies their own expectations. That is what makes for bubbles. In the end, however, it is the real companies that will prosper, the others will end up on the trash heap.