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


To: Dennis who wrote (12836)12/22/1998 8:08:00 PM
From: TokyoMex  Read Replies (1) | Respond to of 13594
 
Hello !!!!

Funds already loaded up ,, !!!

Retails will jump all over it tomorrow ,,

I am on a plane to Cancun to play golf in the morning ,,,,

I will sell my trading 4000 ,, 2000 at open ,, leave 2000 at limit of 179 ,,



To: Dennis who wrote (12836)12/22/1998 8:12:00 PM
From: Brian K Crawford  Read Replies (1) | Respond to of 13594
 
<<I doubt very much that funds will pay 200 per just because it is in the SP......they would just wait a bit for it to come down, then but in a few days or weeks, or spread out the buys.>>

I think that index funds need to own the basket of stocks. They don't generally time stocks, they buy and hold them. By 12/31 they need to have this stock in their portfolio or run the risk of lagging the S&P500.

IMO, we have more upside ahead. Meanwhile, the moves of the last few days will surely induce some to take gains, especially after Jan 1st (new tax year).

Great to be long!

Brian



To: Dennis who wrote (12836)12/22/1998 8:26:00 PM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 13594
 
<<I doubt very much that funds will pay 200 per just because it is in the SP......they would just wait a bit for it to come down, then but in a few days or weeks, or spread out the buys>>

I don't think that Joe 6 pack or any other institution is going to have much say as to what price they will get AOL unless there is something in the way of underhanded fixing Tomorrow should be a real interesting session two days before ho ho ho. I just love it!!!

Frank.