To: Money Maker (MM) who wrote (12487 ) 12/17/1998 8:38:00 PM From: THE PHANTOM Read Replies (1) | Respond to
$100 is the first psychological barrier to break, although it won't be a problem. What will be interesting is to see what happens when "You've Got Mail" opens. I believe you'll see a big uptick in the price. We'll just have to wait. I like the way AOL's price per share is going up slowly, retreating some for profit taking, and then up again. It keeps slowly going up which is healthy. Should see two splits next year. I always thought $100 per share by the end of the year would be a good target and anything above that would be welcomed. I agree that long term is the key, as that is what I am, although it's fun to chat about AOL. I appreciate those who have shared their information about AOL. Like I said, it' s the Microsoft of the internet stocks, the one that continues to show increased profits. More and more advertisers are coming aboard AOL to reach the 14+ million subscribers. I know James Cramer is bullish on AOL. IMHO he is a very knowledgeable person, although I'm not someone who will short a stock like him. Very, very few people make any money shorting stocks in the long run. Many so called investors have lost a lot of money shorting AOL, and particularly Amazon.com as I have read.
