SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Don Vito who wrote (1111)1/3/1999 9:26:00 PM
From: Jolie Renee  Respond to of 41369
 
Yes, it's hard to pick a bottom for tomorrow since there will be pent-up demand as 'Straight Up' mentioned. I don't think we'll go below $150.
I usually look at what Yahoo & AMZN are doing early on & throughout the day for some kind of sympathetic indication, but as they are not being gobbled up by the funds just now, AOL is somewhat unique.
I think there will be a balancing act going on between any profit takers who waited til '99 (so they don't have to pay capital gains tax until 4/00) and buyers. Buyers will outweigh profit takers tomorrow. If international markets drag the market down in general, we may open lower, but I don't think that will have any affect (other than positive) on the number of shares passing into the hands of buyers.



To: Don Vito who wrote (1111)1/3/1999 9:32:00 PM
From: Yikes  Respond to of 41369
 
Taking profit on Jan 4, 1999 will exclude it from an investor's 1998 income. For some people it means a lower tax bracket for 1998.