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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Keith A Walker who wrote (10600)	7/13/1998 10:25:00 PM
From: Raymond	Read Replies (1) \| Respond to of 13594

<<Needless to say, my short position is not paying off, but I am less scared about being short on AOL than long on CSCO. Keith, You seem to be the only bear that has survived this recent upsurge. Well, I respect your persistence, but I just want to say that shorting stocks is not a good investment. I've been long on AOL for less than 4 months and I'm up more than 70%. How can you expect shorting a stock and make that kind of return? Besides, I don't have to constantly think of when to buy or sell. Buy once and hold until the story changes, it's so simple. If you don't want AOL, that's fine, there are still a lot of quality stocks out there. Your mentioning of CSCO reminded me of something that I posted on this thread couple of months ago. I suggested that no shorting could be better than buying a solid stock such as CSCO. I was right and I think I'll continue to be right on this issue. Raymond