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


To: Dennis J Baltz who wrote (11563)4/19/1999 6:32:00 PM
From: larry  Read Replies (2) | Respond to of 41369
 
I can understand yuour anguish because I feel the same way...to see paper gains quickly disappear. However, I don think that this guy again raised a nice question about the valuation of AOL. I have talked to lots of long term investors and the valuation of AOL is really making them unease...I have to admit that the reason that I bought the recent batch was pure momentum play. So I was wrong about the momentum of the issue and if the issue keeps dropping and breaks support, I will sell and possibly look for reentry point. AOL is a good company with loads of potential. However, its stock price does reach nosebleeding level. There should be no argument about that.

good luck,
larry!