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


To: Sonny McWilliams who wrote (37764)1/16/2000 6:51:00 AM
From: Tecinvestor  Read Replies (5) | Respond to of 41369
 
Sonny, after having spent part of this weekend thinking about the very large position I have accumulated in AOL and wondering if I had done the right thing, I concluded that I had, but for different reasons.

I no longer consider AOL to be a strong momentum play and now consider it to be a stable part of my portfolio, no longer subject to the volatile swings I witnessed during 1999. I view it almost like INTC, which I had held for years, and which I could always count on for very decent returns. I am confident AOL will do quite well over time - probably better than INTC.

I have decided to hold AOL, selling off small portions only as other compelling opportunities come along. I see no reason to bail out of this stock.

Tecinvestor