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

To: Tecinvestor who wrote (36277)	1/1/2000 8:39:00 PM
From: Marvin Mansky	Read Replies (1) \| Respond to of 41369

I am a bull on AOL, don't get me wrong, however, this broker is very savvy and has not steered me wrong in the past. He feels that technically, there is a greater probability of a retreat to the 65 to 70 range than for an advance. You are correct if those fundamental points that you have cited come true. I am essentially out of the stock, not shorting it either and waiting for this next buying opportunity.

To: Tecinvestor who wrote (36277)	1/2/2000 8:54:00 AM
From: im a survivor	Respond to of 41369

<<What would your "very knowledgeable broker at a major securities company" >> Ha...yea, I can also remember my very knowledgable broker recommending I sell INTEL, SUNW and a few other's about 3 years ago. Not to mentioning telling me DELL would never succeed with it;s business model and would soon be crashing to reality. Unfortunatly, I sold My INTEL and SUNW, and held off on buying DELL. I eventually bought SUNW back and took a nice position in DELL, however I also immediatley transferred 75% of my holdings to a couple of online accounts. I left sitting with Merril Lynch some long term stuff I could just let sit for 10 years...some aol, dell and etc, etc... I speak to my "broker" maybe 4 times a year now, never to trade. I will put my online accounts up against any broker, analyst or fund manager that wishes to get embarrassed. I see more return in 2 months, then most FM's see in 2 years. There are reasons that all of a sudden there is tremendous wealth....tremendous returns being made. The boom of online trading has enabled many, many people to control their own crap, much moreso then when in a traditional brokerage. The midset is " I am paying these people for advice.....why do this and not listen to them ", Therfor when the broker says "sell sunw" and you say "but bob, I was planning on holding sunw forever"...and he says " well, you can always buy it back lower", many folks do what the broker says, even though it may not be what they wish to do. Now that more folks are not listening to brokers, more wealth is being made. Be honest...how many brokers out there have said to sell stocks like aol, qcom, cmgi, intel and etc, etc, etc.....many, many times over the years ?? a $hitload!! Would you be better off buying and selling sunw 5 times over the last 5 years ...or simply holding ? You would have made a ton more cash by simply holding, not paid any commissions and not paying one cent in CG tax. Whoever this broker is that told Marvin he should maybe sell because it may correct and he may be able to buy it cheaper, will be the first person telling Marvin to buy it 2 months from now whether it is $50 or $120, and you can take that to the bank !!