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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: sjemmeri who wrote (14311)4/11/2002 10:55:28 PM
From: Dale Baker  Respond to of 78740
 
A brief moment on the AOL chart - AOL snapped its support levels from the past several years, it's now trying to find something from 1998 to bounce from: table.finance.yahoo.com

Whatever value people may think it has, AOL is a falling safe with major institutional selling. Better to wait until another sentiment change like the 9/01 bottom.

The leaders are breaking down. Given a choice between catching falling knives with high multiples and playing unknowns at book value or less, I know which way I would play.