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

To: ChinuSFO who wrote (11747)	4/20/1999 10:31:00 AM
From: KY	Read Replies (1) \| Respond to of 41369

I think this is all about eliminating the excess in the nets. If you look at all the net charts, all of them have ALMOST fallen to their longer term trend line. I doubt very much that we will fall below this line. In a more serious overall market decline, I would expect we would. But the fundamentals are just too strong for this to happen. We may wring out a bit more excess between now and tmrw, but I think 80% of the risk has been wrung out of these stocks. I'll be buying AGAIN between now and tmrw most likely. If you are a long term holder, this is a no brainer. I would bet if you purchased AOL every time there is panic in the streets, say twice a year, you will be rewarded over the next few years. KY