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: SpongeBrain who wrote (31019)	9/18/1999 12:17:00 PM
From: CGarcia	Respond to of 41369

"Yes, people have become millionaires holding AOL, but believe you me, you are NOT going to pull that off buy buying into AOL in 1999!" Gee I guess if someone buys $900,000 worth of AOL at your target of $75, then they won't see $1 million when the Christmas buying spree comes along ey? Are you saying AOL will keep falling through the rest of 1999? I think I can "safely" say that by Christmas of 1999 AOL will not only be higher than it is now, but "much" higher...quote me on that one and rub it in my face come December 25th if I'm wrong.

To: SpongeBrain who wrote (31019)	9/18/1999 1:09:00 PM
From: Pruguy	Respond to of 41369

Sponge, since your post came to me I will respond to your blabbering nonsense: 1) They ignore changes in the fundamentals of a company. (Free internet and broadband) AOL hasn't ignored either of these issues...AOL is offering a very competitive service in Europe I believe called Netcenter to regain marketshare...Early indications from AOL are these moves are showing good success. Domestically, AOL is the leading company in the great rebate givaway where they lock you in to the service for 3 years. This is being done with the COmpuserve brand and comarketed by many of the leading OEM and retailers. At this point, growth for the full price AOL continues on track so evidence would support these rebated customers are not at the expense of the AOL brand, but additional customers they would not have signed otherwise. No one has a more broad and deep footprint on the broadband front than AOL. They have signed agreements with Telcos that reach a greater population than any other broadband player, including T's cable arm, before and after pending acquisitions. Nonetheless, AOL and T both acknowledge continuing conversations. They also are wrapping up delivery venues via wireless, satellite, and anything else they can think of. 2) They expect same rate of growth for an indefinite period. Trust me, if it were as easy as "The best stock of the next 5 years is the best stock of the next 5 years" then none of us would have to work. Yes, people have become millionaires holding AOL, but believe you me, you are NOT going to pull that off buy buying into AOL in 1999! Very few people if any are saying this here! More garbage from the sponge 3) Many people here are sitting on monumental losses, yet still dont see the light. They'd rather chase their "white whale" and wait an agonizing period of time to MAYBE get even. Cut your lossses is the cardinal rule of the markts. Spend your time for fruitfully, finding the stocks of tomorrow, not yesterday. Those that are sitting on losses( a very small group compared to those that are sitting on profits) may have concluded like myself that ultimately AOL will be one of the major winners in the businesses they are in and shareholders will share in future wealth that will be created. 4) Only see what you want to see. I have given a plethora of reasons AOL is not a wise investment, yet these words go completely unheeded. Instead my stupid silly nickname is the focus of attention. Not even a rebuttal of my issues, so therefore, this has become a waste of MY time, as no one here has any insight to offer. This has simply degenerated to a cheerleading board. Talk about being in denial. People are ONLY interested in readng information that backsup their existing opinions. SI should mark each post as "long" or "short", that way people here could only read posts that will agree with their sentiment. And save themselves time. More of your patented Spongeblittheringnonsense. Not one of your points is new....They have been discussed here over and over and different folks come to different conclusions...Time will tell who is ultimately correct, but it is not irrelevant that Bob Pittman concedes that since AOL was concieved there have been naysayers and changes in their businesses and the company isn't so rigid that it can't successfully adapt to these changes as they have in the past........At the end of the day, no one is even close to being the next AOL, currently the stock is reflecting a great amount of fear. I believe it will not be too long that it will be exibiting the characterisitcs of greed, which is a lot more fun if you are long