To: Frank Ellis Morris who wrote (22234 ) 1/4/1999 11:04:00 PM From: Sonny McWilliams Read Replies (1) | Respond to of 27012
Frank. Since I am reading all the posts from bottom up, even so I have read the posts directed to me already, I will answer your post here. Yes, the market looked a lot better when you got up than when I went to bed. And did it ever go on a tear. Even AOL was up a cpl of points before it went South. I fig. this would happen this morning. AOL's CEO was on Business Center at 7 pm EST and sounded really great. The interviewer congrat. him on AOL having a great over 500% increase and said that he fig. that AOL probably could not keep this pace up and may slow down? This is not word for word, but AOL's CEO said that he was looking forward to a prosperous time. With all the traffic coming on line and their business model, including advertising the malls, he was pretty optimistic. When asked if they were making money on that 1 + billion sales that were done through AOL, he smiled and said Yes we are getting a share from that in one way or another. (Frank, remember, those are not exact words but pretty close). Anyhow, after hearing that I felt a bit relieved since I sold a cpl odd and ends today and bought another 100 AOL at 149 with the full knowledge that there could be some more profit taking. Why that is, I can't say. Why was Amzn up almost 34 and will probably go up even more tomorrow and why was uBid up 25 etc? I don't have uBid but I have Mall and I am hoping to get uBid shares in the next 5 months through distribution. BTW, like Sonki says: If AOL goes down again, I will pick up another 100 and then another 100 if it goes further down. Most that can happen is that I will lose my profit but I am hoping to be rewarded. Sigh. How about all that Sunshine today? Sonny