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


To: Marvin Mansky who wrote (37168)1/11/2000 12:24:00 PM
From: JayPC  Read Replies (1) | Respond to of 41369
 
You sell when you cease to believe in a company. The classic mistake is thinking you can time the market.

If you believe in fundamentals you dont sell. Unless of course a Company redefines itself that puts it in a sector with lower expectations for growth and share appreciation.

Regards
Jay



To: Marvin Mansky who wrote (37168)1/11/2000 1:20:00 PM
From: im a survivor  Read Replies (1) | Respond to of 41369
 
<<You never sell when the fundamentals look as bright as they do for AOL, just because the stock is tanking for one or two or three days. You buy here as I did this morning. Add to your position incrementally.
>>

Sheez Marvin...what the hell. you never sell when fundamentals look as bright...Man, I don't know about you. Jeepers dude...it was less then one friggin week ago you were preaching...and I mean preaching hard...that aol was due for a short term drop to the $60's. You flat out said you felt great long term about aol but that your awesome analyst recomended you wait to buy. You went on and on telling all of us to sell and buy back lower. You ended up buying higher the next day, which I found quite hilarious, and now of course that you have bought more on this dip and are considerably long, your advice switches to "it's foolish to sell when things look so good".

I mean, my gosh dude....do you realize how transparent you are.

I tell you...I really miss the days of old...we had some great people...venditt, ed forest, rocket man ( still long I believe, but not posting much at all which is the route I am fixing to take ) and many others....yet there is a new breed here now, and frankly I do not like what I see one damned bit. Not in the company....but in this thread. I agree with JDN I believe, in that this thread has degenerated greatly and this is a sad, sad thing.

Anyway, good luck to everybody...I am sure I will still throw my .02 worth in when needed, but I am going to really cut back on my visits to this thread as it is quickly becoming simply ridiculous.



To: Marvin Mansky who wrote (37168)1/11/2000 1:34:00 PM
From: Jim Lamb  Read Replies (1) | Respond to of 41369
 
Marvin, Jay states very well my main reason for selling AOL
"You sell when you cease to believe in a company. The classic mistake is thinking you can time the market.
If you believe in fundamentals you dont sell."
I no longer believe in the fundamentals of AOL. I also don't like uncertainty in my investments and this deal won't even close until later this year and it will probably be another year before we realize if the merger is working. No thank you on that action.
As I posted throughout the day yesterday was when I baled on all my LEAPS, IRA and most of my cash position. Today was just selling the rest of my cash position.
If it goes to the low 50s I'll be back as a value play probably with LEAPS. My money is going elsewhere in the meantime. Most likely more MSFT CSCO and QCOM.
I thank AOL for all the money I made but for now I'm out of here. Good luck.