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


To: tang who wrote (35488)12/16/1999 12:12:00 PM
From: im a survivor  Respond to of 41369
 
Tang,

Sorry to hear that you sold your aol, but glad to hear you bought such a fine company like cmgi. I too am in cmgi, and well, the performance speaks for itself, not to mention the future potemtial of this moster inut gorilla. B2B will be huge and cmgi will be right in the middle.

I also am in aol and many other's. I have been more then pleased with my return on aol over the last 2 years, and feel we have much more upside over the next few years. Free isp is not a concern. Pittman even talked about that yesterday. Bottom line is this, IF free isp becomes a big deal in the US, which many doubt will happen, AOL will be right in the middle of it. AOL is not going to sit on it's hands and do nothing. They will do whatever is necessary to stay on the top. In fact, they will be best positioned as the market changes.

The return on cmgi has been phenomenal, but so has the return on AOL. I wont even figure my 2 year return, but aol is up 100% since you bought cmgi at $86...not too bad. Yes, I know cmgi is up 150%....mainly in the last month, and I am glad, but I like to stay halfway diverse. I also own sunw and qcom, which have also been phenomenal, and quite a few more that are doing well. Yes, it would be nice if my stocks that were seeing 50% gains were instead in cmgi or qcom, I sleep well knowing my money is spread around a little.

I do hear what you say abou the volatility and lack of sleep at night, but aol is well worth it. If your that worried, hedge yourself with some puts..or write some calls or something. Anyway, good luck to ya, and feel free to come back and re-join the aol family anytime you wish.

Have a good one