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


To: Dennis who wrote (12657)12/21/1998 5:18:00 PM
From: robert duke  Read Replies (1) | Respond to of 13594
 
A pull back in internet stock means at least a 10-20 drop.



To: Dennis who wrote (12657)12/21/1998 5:27:00 PM
From: Robert New  Read Replies (1) | Respond to of 13594
 
Dennis

Regarding a pullback I was referring to a market pullback of which I doubt we will see in any significance until sometime next year. With any significant pullback most all stocks including the best ones such as AOL, DELL, and LU will get hit hard along with the lesser performers. As long as the fundamentals stay in tact I would look at that as an opportunity to accumulate a larger position in your holding such as AOL depending on your availability of cash. With commission costs so low these days you can afford to take your time adding to a position...Funny thing I cashed out about 20% of my mutual funds to put into the market as my average fund has returned about 12% YTD versus my 40% return on individual stocks...

Hope this clears things up a bit for you...