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


To: JHB who wrote (27953)8/3/1999 6:21:00 PM
From: puborectalis  Respond to of 41369
 
Translation .http://babelfish.altavista.digital.com/cgi-bin/translate?....AOL erwartet ein "sehr starkes" erstes Quartal

San Francisco (vwd) - Mit einem "sehr starken" ersten Quartal rechnet die America Online Inc,
Dulles, nach den Worten ihres Präsidenten Ted Leonsis. Im Juli seien in allen Online-Sparten die
Geschäfte sehr gut verlaufen, sagte er auf einer Konferenz. Am Montagabend hätten 1,1 bis 1,2
Millionen Kunden gleichzeitig AOL genutzt. Weitere 1,1 Millionen Nutzer seien im Chat-Service ICQ
registriert worden.

vwd/DJ/3.8.99/tm

STRONG QUARTER.



To: JHB who wrote (27953)8/3/1999 7:18:00 PM
From: Bridge Player  Read Replies (1) | Respond to of 41369
 
<< When, and
how high it will go is anyones guess. Personally I am hanging tough
till the end of January. Then we shall see what we shall see.>>

JB, that is fine if you have a cost basis of $5, or $10, or $20. You are playing with house money and are only losing profits as the stock goes lower.

If your cost basis is higher than current prices, such as for those who bought in February, March, and April and have held on desperately, encouraged by the bull touts on this board, then you are losing real money. These late comers seem to assume that a stock that once sold for 300 times trailing earnings has an iron-clad right to that multiple, regardless of market forces or changes in fundamentals or psychology. They will learn that the market does not work that way.

BP