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


To: Glenn Duncan who wrote (11172)4/18/1999 10:50:00 AM
From: Monique C. Cushman  Read Replies (1) | Respond to of 41369
 
Glenn,

You are absolutely right. The tax implication is a very valid consideration.

If I owned any AOL I definitely would not sell.

I thought the present opinion of various brokers (although they could be wrong) was of interest for those, like me, trying to get in, and/or those trying to add to their position.

I'll tell you, these guys giving the seminar were very, very bullish on AOL for at least the next four years. They think it will double many times over!

Monique



To: Glenn Duncan who wrote (11172)4/18/1999 11:58:00 AM
From: ChinuSFO  Respond to of 41369
 
Monique, Glen Duncan said it right. I would not believe anybody on the advice for MY money. What about those 3 guys who publicly expressed bullish sentiments but privately said that would sell. There is a general impression in the public's mind that bullish in the long run would mean to hold in the face of a dip. BUt these folks are out there playing with people's money. Glen analysis is what those folks should be saying and that is what they should be paid to speak on. Educate the public. Yesterday we had a post on this thread where somebody put in a stop loss on AOL because he/she was not going to be able to monitor the market while being away on business. And guess what. The stop loss kicked in, he/she ended up buying back AOL at a higher cost and in the end was strapped with a tax liability besides having to pay $4000 more for the buyback.

Some food for thought. And Glenn keep those analysis coming and see if Monique can get you a speaking arrangement.



To: Glenn Duncan who wrote (11172)4/18/1999 12:38:00 PM
From: robert duke  Read Replies (1) | Respond to of 41369
 
Well I bought my shares at 26.50 and 33.50. So when the stock splits again the original purchase price will be 13.25 and about 17 a share. Wow that and that was not to long ago. Don't sell.
Just think after this next split coming up your original purchase price will be about 22 a share. Which if thestock goes back to 150 give you a lot of room for a down turn. Wow, it starts to get exciting.