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


To: Orlando Stevenson who wrote (7457)3/22/1999 8:04:00 PM
From: Voltaire  Read Replies (1) | Respond to of 41369
 
Hi Orlando,

First of all the only fundamental I use is - DO THE HOUSES WANT THE STOCK and HOW BAD. Once I decide they want it bad, I do anything I can that is legal to build as many shares as I can. I never buy price I buy the situation. I try to urge people to at least take a position and work off of that position. In other words, if an individual wants to put $25,000 in AOL, in my mind he should put half in an adjust from that. As for buying at the market, I do it every morning with a stock like AOL. Every morning I look to see what buying power the people I invest for have and make an order for AOL with that money at market. There is too much to lose by waiting on a stock moving like AOL.

Take care,

Voltaire