To: Mike Torrence who wrote (13767 ) 4/28/1999 8:57:00 PM From: tang Read Replies (3) | Respond to of 41369
Bill, How do you really feel? (1) regarding that 'pig' Thomas, who is going to argue with a pig? (2) regarding today's AOL's price, no big deal. (3) regarding AOL's stock price down the road? Here is my opinion: Speaking of the market, except few people on this board, the majority of us are amateurs, half full materials, we use limited knowledge to guess the market, to guess the AOL's price but don't have enough money to make the market, so our opinion only count between us, but when we look the market, we must listen to those analysts (people we hate when they down grade our stock, people we love when they upgrade our stock). If the majority of the 'house' analysts recommends AOL, we should all follow, if you bet against them, you are throwing away your money because IQ, logic won't move the market, only big money can make direction. We, the half full materials, are not able to time the market but we are able to 'read' the 'house' analysts' reports to make a 'buy' and 'hold' until their opinion change. If you sell AOL with a $10,000 capital gain, and you want to buy back AOL at a lower price, you must wait AOL to drop at least $25 to get the same number of shares, unless you really can hold the sale of AOL in cash for good to pay the capital gain, I myself cannot do that, cash is too hot for me! I keep telling myself and my friends, (1) if you believe today's AOL price is the highest, it will only go down from here, then sell now (2) if you believe AOL's revenue won't grow from here, then sell AOL (3) if you think AOL won't be here in 3-5 years, then sell AOL (4) if you think AOL won't get a cable deal, then sell AOL (5) if you think AOL won't strike any deal in the near future, then sell AOL (6) if you think AOL won't split anymore, then sell AOL. (7) if you think internet is fake, then sell AOL (8) if you don't give a damn to the 'house' analysts' opinion, you should short AOL (9) if your 'sleep tolerance' breaks, sell AOL MY 2 cents...