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


To: Cosmo Daisey who wrote (30551)9/9/1999 11:08:00 PM
From: Jose Matos  Respond to of 41369
 
Thanks Cosmo. I'll definately try to read the Zen in the Market book you recommended. As you said, we're all aware of the rules, but sometimes the blue chip aspect of a company can lull you into believing that it'll be back in no time even if it sustains serious technical damage. And then it drops to a point of no return when refusing to take a loss makes you an eternal holder. It's not the first time I've made this mistake and probably not the last, but damn it sure sucks being stuck in the crap hole for such a long time.

Regards and best of luck to all AOL holders. (Even Steve Case.)

Jose.



To: Cosmo Daisey who wrote (30551)9/9/1999 11:09:00 PM
From: CGarcia  Read Replies (1) | Respond to of 41369
 
Think long...if Analysts say $200 in 52 weeks...AOL will hit $200 within 52 weeks...this company is too strong not to reach new highs...trading is for fools...if you want to play a fool's game then enjoy your winnings with your losses as well...AOL is a great longterm hold...Fundamentals haven't changed...ask yourself this...would you rather hold AMZN which has yet to make $1 profit or AOL? Sure AMZN has shown alot of gains lately...what happens when the numbers come in and once again there's no profit? Simple...all the money leaves AMZN and goes back to AOL...why? Because as soon as AOL's numbers come in, it will show profits continuing to grow...Let the money managers play their games...All they are scared by is the fact AOL has no broadband strategy yet....when Case finally unleashes the bomb later this yr, AOL will hit $200 sooner than anyone expected!



To: Cosmo Daisey who wrote (30551)9/9/1999 11:09:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 41369
 
Zen in the Markets is one awesome book, the author used to have a mailing list as well that I would advise checking out. As for selling AOL, my plan is to wait until the end of the year to see if this sucker stock starts moving again. Barring any major negative news which is unlikely given the next two quarters will probably be extraordinary, I highly doubt AOL will fall and hold below these levels. If you agree, you should wait until Dec 31 when you can still take the capital loss if needed. I would be utterly disgusted and shocked if this stock isn't at least trading at 120 by end of year. The *real* inet rally hasn't begun yet, probably won't until late October, early November. When this end of year rally starts even the total piece of crap inets will probably move so AOL should rally pretty hard. My .02