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


To: gc who wrote (16031)5/9/1999 1:26:00 AM
From: billkirn  Read Replies (2) | Respond to of 41369
 
gc: You will get your wish I think. I might start buying AOL after fear takes hold. Fear of loss is an amazing and powerful force as is greed. Once they get going they take stock prices to extremes, both up and down. We have seen the greed action over the last few months and I think we are seeing the beginning of the fear action. It is not unusual for a stock like AOL to loose 70% of its peak value in a very short time period. I held Agouron (agph) thru this kind of action and it took a good year before it recovered. Bill