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


To: Harry Soin who wrote (11796)11/10/1998 10:25:00 PM
From: Gary Metzer  Respond to of 13594
 
Harry et al,

Re: I would love to participate in Internet stocks.However, I am very nervous about holding one stock.

The key with most internet stocks is NOT to hold for very long. Bought 500 Ebay Monday at 90 and another 500 Tuesday at 119. Sold 500 Tuesday PM at 134 and might sell remaining 500 tomorrow. Internet stocks are extremely volatile and there is always a dip to buy at. Just buy the dip, wait until you have an acceptable profit and take it......or in my case previously mentioned, wait until a stock with a story and previously in the news starts to move and just jump on for the ride. If the price begins to move against you, get out immediately. There are different methods for different people, but this is what appears to work for me right now.

Happy Investing

Gary