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


To: John Chen who wrote (37486)1/12/2000 7:52:00 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 41369
 
"Stucked maybe" sounds alright.

Viacom's Sumner was asked this evening what he thought of the AOL/TWX deal. He opined: I think it's a smart deal. May not be his exact words. Smart, good or great.

I guess we could be stuck in worse cos. Business people in the internet space and the media consider this deal a smart move. Analysts are still studying it. After all, they are only analysts. gg. But some of us know already that this is a bad deal, right? <G>

I am following the S.Case cult for now.



To: John Chen who wrote (37486)1/12/2000 8:22:00 PM
From: Anykey  Read Replies (1) | Respond to of 41369
 
Holding or trading? Re: "May I suggest you try 1. long term holding of AOL. 2. range bound trading (biased on down side) and see which portion of your AOL perform better."

I recall CGarcia saying he turned $130k into $20k "buying great companies like Dell, Intel, and AOL..." Something like that. Buy and hold works the best for me--I have always done better buying stocks I want on dips and holding them. Recently some magazine articles have talked about how most investors think they beat the averages by trading, but that most don't. Buy great companies. Hold them (almost) forever. Easier on the tax bill too. :-)

Rob