SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (38626)2/22/2002 9:21:39 AM
From: E.J. Neitz Jr  Respond to of 53068
 
AOL is a great company with stellar future prospects. Only problem in the analysts minds is near-term visability.
IMHO--thats insaneshort-term thinking but thats reality. I have waited years to have the chance to buy AOL at a good price....and I will buy once some sense of price stability happens...soon I suspect.



To: Larry S. who wrote (38626)2/22/2002 10:14:51 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
AOL Article...most important and telling part of article is the following....they are some of the sharpest minds on the street, and suspect they are buying for the Time Warner part:
"More telling in the Vanguard story are purchases by Wellington Asset Management and Primecap Investments -- money managers that are Vanguard's largest sub-advisors on the firm's actively managed portfolios.

Wellington was the largest single institutional buyer of AOL Time Warner in the fourth quarter, adding less than 15 million shares, raising its allocation by 34 percent, filings revealed. Primecap bought 4.9 million shares in what represented a new portfolio holding, according to The Independent Adviser for Vanguard Investors.

"It's still less than 1 percent of all the assets they manage, but I find it interesting because they're (Primecap) growth-oriented guys who have a value perspective and this is the first time that I've seen it in a portfolio," noted Independent Adviser editor Dan Wiener.

The nation's largest fund company and the fourth-largest holder of AOL, Fidelity Investments also added shares last quarter, raising its stake by 7 percent. Capital Research and Goldman Sachs also added to large positions."