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


To: Brian P. who wrote (2827)1/17/1999 4:37:00 PM
From: stock_bull69  Read Replies (1) | Respond to of 41369
 
A big resounding NO! IMO the only way you will get AOL under it's current levels is if the market tanks like it did last year. Just buy it now and hold on. You won't regret it. This is assuming you're not a day trader but a long term investor.

Steve



To: Brian P. who wrote (2827)1/17/1999 4:38:00 PM
From: Jorge  Respond to of 41369
 
Brian...I'd like to field this one.....AOL is currently basing, about 3 weeks now....It's next level of support will be around 180-200, after the next breakout, IMO...I think you have a real decent opportunity right now to begin accumulating SOME of your shares.....

To be conservative, and play it on the safe side, I'd take a little and buy into the mid 140's here, and maybe a little more either prior to or after Earnings are announced....I wouldn't buy any more until a month or more after that....The reason for dollar-cost-averaging is of course to ensure you are buying neither high nor low, but somewhere inbetween.

As far as "significantly less" than today's price I wouldn't go that far...Maybe less, but not "significantly less", IMO.

Regards, George




To: Brian P. who wrote (2827)1/17/1999 7:28:00 PM
From: tang  Read Replies (1) | Respond to of 41369
 
Brian, you'll get your chance to buy AOL at a lower price: after a 2-for-1 split or a 3-for-1 split in April/May 1999.



To: Brian P. who wrote (2827)1/18/1999 1:38:00 AM
From: musea  Respond to of 41369
 
Brian,

To all: I have little doubt that AOL, at the right price, will be a superb investment. Having missed the recent manic price-climb, however, I am waiting for the (inevitable?) correction. Does anyone doubt that sooner or later AOL will be available for significantly
less than today's price? Your various opinions are welcome. Thank you.


Every strong growth stock's history is filled with people who never got in because they were waiting for the right price. Check out the DELL thread, for example. My point is NOT that AOL will be another DELL. My point has to do with the folly of trying to time the market.

If you believe that AOL will be a strong growth stock, what's the difference if you pay even $10 less per share if the stock eventually goes up $100? I happen to think that AOL is a stock with very strong growth potential. It might well dip significantly every now and then but I think the trend will be strongly upward over longer periods of time. That's just my opinion, and since you don't know me you have to do your own due diligence and not take my word for it.

Sorry to blather on; just random musings on my part.

-musea