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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis J Baltz who wrote (660)12/31/1998 10:54:00 PM
From: Jorge  Read Replies (2) | Respond to of 41369
 
Hold AOL for a few years, you'll make THE MOST money doing that....In fact, let me Challenge you.....If you are going to trade in and out of AOL, timing it as best you can, keep track for the rest of the year just how much profits you've gained for the entire year.....At the end of the year calculate how much you would have made had you just rode the ups and downs out.......I can just about guarantee you you would have come out ahead by several hundred percent by Holding through the ups and downs......

I tried this experiment in Real Life on DELL a couple years ago for 6 months....At the end of 6 months I profited somewhere between $3-4,000 dollars "Trading" DELL....Using the same original investment amount and calculating how much I would have profited by Buying and Holding DELL it almost made me sick...I would have increased my original investment by about $75,000!!!

Buy and Hold IS HOW to increase your wealth, if that's what you would like to do.

Regards, George
(BTW, I am up nearly 1000% for 1998 by doing what I just described above-Bought and Held, for over $100,000 profit, excluding all margin costs.)



To: Dennis J Baltz who wrote (660)12/31/1998 11:43:00 PM
From: robert duke  Read Replies (1) | Respond to of 41369
 
Well who know? I certainly don't know what to do. The PE is like 475. Earnings must be leaking out to be fantastic. I for the fiscal year 99 this stock earns .55 per share with a 300 PE the stock should not be higher than 165 per share between now and may. I would like to see earnings come an go without the stock moving higher. Why? Because the PE needs to drop a little.

We will see this in 99

#1 2-1 split in january.
earnings of at least .50-.60 per share for 99 4qrter.
possibly .55 by xmas of 99 and a stock price of 140 again if not another 2-1 split.

We do need a break in the stock. Just for a month.