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

To: cato88 who wrote (18826)5/26/1999 11:22:00 PM
From: Ed Forrest  Read Replies (2) | Respond to of 41369
 
>Why do you buy a stock near its all-time high? <

How does one know when a stock is at its all time high?If you can make that call please be so kind as to share that information with us.
Thanks
Ed Forrest



To: cato88 who wrote (18826)5/27/1999 12:49:00 AM
From: Fred B.  Read Replies (1) | Respond to of 41369
 
Cato,

Please understand, there are no "loser attitude" or "winner attitudes" in this market. this is a market that rewards execution by management and severely punishes a lack of that. My guess isthat Garcia had bet on mis-management before and is betting on the right management now. If you have any points to refute that, I look forward to listening them.



To: cato88 who wrote (18826)5/27/1999 6:34:00 AM
From: Pruguy  Respond to of 41369
 
couldn't disagree with you more...cgarcia was not wrong to buy aol at its high if he is an investor, he wasn't trying to market time.....If someone with a higher cost can hold on, they will do just fine...As a matter of fact, except for the last 8 weeks, never single trade on aol at its high prior to that is profitable, most are profitable dramatically


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