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


To: Time Traveler who wrote (30292)9/1/1999 11:42:00 PM
From: CGarcia  Read Replies (2) | Respond to of 41369
 
"When Compaq was over $50, all analysts and investors brought up all the reasons why that stock would return a great profit in the future. In fact, all analysts were pounding on the table to urge for strong buys. A few weeks after that, the stock halved and still remain less than half of its 52-week high. Does that sound familiar?"

Not at all...Compaq had just bought Digital Equipment Corp..a VERY costly deal that overwhelmed their books, and they have yet to recover...AOL on the other hand has yet to make such an unwise and costly investment...in fact Netscape, while not the best of purchases by them, hasn't hurt their bottom line at all, as they continue growing both in customer base, and in profits quarter after quarter.



To: Time Traveler who wrote (30292)9/2/1999 7:19:00 PM
From: marko  Read Replies (2) | Respond to of 41369
 
time-traveler,

i understand what you are saying, however, I purchased aol last year because i firmly believe in the company, it's management and it's potential for stellar growth. these convictions that i have only get stronger with all the research and analysis i do and garnish from others. i pay heed to "the experts" and what they say but in the end, it is my convictions that i live and die with. as the poem "if" reads : if you can trust yourself when all men doubt you but make allowance for their doubting too". i am long this stock and will be till i find a stock more compelling and in my opinion, one that will reap more gains for me. i guess this is the essence of investing.

take care,
mark