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


To: LOGAN12 who wrote (14927)5/5/1999 1:57:00 PM
From: Tunica Albuginea  Respond to of 41369
 
LOGAN12 : Selling AOL 2 1/2 weeks ago might have made sense to Bill Miller if he bought it at $10 split adjusted. However for those that
didn't it makes no sense to sell now IF a) you have to pay capital gains or b)take a loss. A better strategy is to buy the dips. start at 117 and work down to $100 ( if it ever gets there which I don't know ),

TA

you said My comment was based on BILL MILLER who is the fund manager on Legg Mason
Value Trust, not my individual broker. But to answer your question, yes we did have
this conversation about two and a half weeks ago too. It was my decision to hold then,
just as it was my decision to only sell half now. If you don't know anything about Bill
Miller's LMVTX, perhaps you should do some DD. This man was the first fund
manager to jump on AOL. My point is this means something SHORT term.



To: LOGAN12 who wrote (14927)5/5/1999 2:03:00 PM
From: DOUG H  Respond to of 41369
 
Thank you for clearing up the confusion created by your initial post. LMVTX has fine LT track record.