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

To: Stacey who wrote (9781)	4/6/1999 11:32:00 PM
From: J.F.K.	Respond to of 41369

Hi: Stacey The party has just begun! JFK

To: Stacey who wrote (9781)	4/6/1999 11:39:00 PM
From: Conano	Respond to of 41369

Hi Stacey and welcome aboard! First of all, most of us will suggest to anyone who is thinking of buying any stock: do your own research, read this thread (lots of good links are posted by fellow S.I. members), and only invest an amount that you are comfortable with. Now that I've said that… :^) lots of us who are long on AOL and think that the E-commerce side of the business is the primary revenue machine (money from subscriptions, while important, is taking a backseat to other aspects of AOL's business model, in my opinion) see incredible upside potential. The Internet is changing the way we do business in many areas of our lives and AOL is helping to lead the way. I first jumped in around the middle of December 98 and rode the stock to 160 (pre-split)-- got nervous about the challenge cable modem was posing (led by ATHM) to AOL. Of course, AOL proved once again that it is not oblivious to the challenges of the marketplace and is preparing for its DSL rollout, which I think will be an excellent way to provide high-speed access to a huge market segment (just about anybody with a telephone…is that large enough?) I'm keen on DSL because one poster on the ATHM S.I. thread mentioned that he loved his cable modem, but he wasn't telling friends in his neighborhood about it, because he didn't want his throughput to decrease. The DSL pipe into a person's home or business, while not perfect and subject to its own technical limitations, can provide more consistent performance. Anyway, I sat out until jumping back in at a post-split 125 on 27 March and AOL's now at 165. In fact, I sold some CSCO yesterday to buy more AOL, which demonstrates the faith I have in AOL's management. One thing I've learned is nobody can accurately predict stock prices consistently (except the shorters who have an amazing ability to short/cover/sell at exactly the right times—if you can believe their posts on S.I. ;^) I've always wondered who their brokerage firms are, because I use E*Trade and it's hit-or-miss on quick executions. Anyway, the responsibility to buy and sell is yours, so good luck with your decision(s). If nothing else, this thread is usually fun and there are nice people here who are pleasant and helpful. Happy investing! Conan

To: Stacey who wrote (9781)	4/7/1999
From: Lee Martin	Read Replies (2) \| Respond to of 41369

Stacey, We all know AOL has had a tremendous run, and it is technically overextended and due for a pullback and consolidation. I'm ready for this to happen at any time. When it does I will double up on my position in AOL using margin (I'm already fully invested in AOL). I also know there is a ton of $$ waiting to come into AOL on any weakness just as I am. However I believe AOL will go higher before it goes lower. YHOO posts earnings tomorrow. I believe the momentum players will sell YHOO on the good news and buy AOL in order to run AOL up even more in anticipation of a good report and a 2:1 split announcement. Widening our focus the street anticipates a good analyst meeting with DELL Thur. and a good report from INTC next Tues. This will be a big positive for the techs and the NASDAQ which should continue to new highs as earnings come in better than expected. They always do because analysts always get too negative and reduce est. too far, which sets us up for a nice "surprise" as the co's exceed the reduced est. and investor sentiment turns positive. The Dow should follow the NAS to new highs, resulting in more $$ coming out of MM accts. and into the market. Widening the focus further we seem to have gained the upper hand in Kosovo, so the chances that negative news from there will tank our markets seems to be decreasing. Interest rates are behaving themselves for the time being so that is a positive. I'm more worried about the market going down and taking AOL with it, than with something AOL specific. However, I just don't see either happening right now. Bottom Line: IMHO it's not too late to invest in AOL now IF you accept the fact that it may drop 10-15% or more at any time from it's current level, at which time you HOLD or if possible buy more. I'm with the PW analyst in thinking AOL will go through $215 this year (maybe around the time the 2:1 split I anticipate is executed?) and don't recommend trying to time its price movements because for me trying to protect profits has only cost me $$. Hope this helps. Lee