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


To: GalSal who wrote (18476)5/25/1999 6:36:00 PM
From: stock_bull69  Read Replies (2) | Respond to of 41369
 
My head is still above water as my cost basis for AOL is $45 and I've held long since 11/98 but this is getting old. Seems like nothing, a zillion strong buys can stem the tide on any INET stock! Even LCOS and ATHM,which were up big time in the morning, finished in the red! I refuse to play into the hands of the MM's or institutions and will stand pat with my AOL, CMGI, MSGI, SCH and SILK until this fiasco is over with!


Steve



To: GalSal who wrote (18476)5/25/1999 6:40:00 PM
From: Craig A  Respond to of 41369
 
Who in their right mind would, for example short brokerage firms? Huge volume of trades. Daily. This is huge potential. But today they sold off. Blows my mind.
I don't long for the old days when you checked your stocks in the Sunday Times.
But..
The volatility is tough to handle. I don't mind checking several times a day but every minute?
Internet bubble has burst? With new folks logging on every minute?
I am comfortable holding what researched stocks I have. But to short is way beyond my long term philosophy.



To: GalSal who wrote (18476)5/25/1999 7:05:00 PM
From: Tom Tallant  Read Replies (1) | Respond to of 41369
 
GalSal,
If you short one of the nets now you better be prepared to cover in the same day...You've seen it before...once they turn...they take-off and don't look back. These stocks don't creep up or creep down...they move very fast and very far in a short period of time.

Regards,
Tom