Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Spreck who wrote (17312)	5/17/1999 8:10:00 AM
From: Steeny	Read Replies (1) \| Respond to of 41369

I heard on the radio this morning that Fidelity was increasing their AOL stake. I am not sure if I heard it right.(I was half asleep). Can anyone confirm? It is my belief that this recent downturn is temporary. Even a 50 bp hike in interest rates will only slow the mkt down short-term. The "smart money" still piling in. I still feel that there is some shortterm downside.

To: Spreck who wrote (17312)	5/17/1999 10:47:00 AM
From: freeus	Respond to of 41369

reinstitutional ownership When a stock is emerging and has little institutional ownership, it will not have healthy moves up without the institutions becoming interested in it and buying it. However, when a stock is owned more than 65-70% by the institutions, it becomes a very volatile stock and dangerous in some ways because they do, as you mentioned, buy and sell together, causing huge fluctuations. However, I would still buy and hold AOL. It is a great company, one of the companies of the future. But we will have volatility and we have to live with it if we want to succeed and profit. Freeus