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


To: KaiserSosze who wrote (11338)4/19/1999 12:45:00 PM
From: Craig A  Respond to of 41369
 
Vendit
Thanks for the tech reassurance. I think.
It's moments like this that remind me to rehash ALL the research we gathered when we bought this stock. All the analysts who rate this stock so highly, the amazing possibilities, etc.
I remember why I own AOL.



To: KaiserSosze who wrote (11338)4/19/1999 12:49:00 PM
From: larry  Read Replies (1) | Respond to of 41369
 
It's at 124 1/2 now....oops, 124 1/4 and down...

Like AOL, but not sure of where it can find support.

larry!



To: KaiserSosze who wrote (11338)4/19/1999 12:52:00 PM
From: Roger  Read Replies (3) | Respond to of 41369
 
Typical Wall St overexaggeration - some professor writes a front page article questioning the valuation and people sell, sell, sell. Now, I am not deriding what he said - I have not read the article and maybe he has a point - I dont know that. The point is - why now? What about when people were wondering about the valuation and these stocks just kept going up. AOL is one of the best companies out there - real cream of the crop stuff. Whats going on now is typical sector rotation. Wall St reads that Magellan is reducing its exposure to techs and they go along like the herd. At this very time, Magellan may well be buying these same techs these other guys are selling. If Magellan had to reduce their exposure, they did so a while ago and not yesterday. And to top this, has anyone bothered to check the valuations of these companies like IP< Kodak that the money has gone into? They are now selling at all time highs or close to it. These stocks have gone up 25-30% in the last week. Soon people will wake up and say - Jeez, these stocks are overvalued. Sell, Sell, Sell. And so the story continues ....
Moral of the story - if you believe in the company, buy the good stocks and sleep on them. They will reward you handsomely.